Business news without the bullshit

Greece: Putting off the inevitable

Bringing a water pistol to a battlefield

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Delusions of solvency

Portugal, Italy, Ireland, Greece, Spain...They're all broke and so are the banks (and countries) that were foolish enough to lend them billions.

But don't let that stop a delusional market rally.

Anyone who buys into this rally deserves what's coming.

You can't drink your way to sobriety or spend your way to solvency. This is the Dot Com era all over again - this time with countries and central banks - and it will end the same way and proportionally.