Ahhhtishoo...

It will be interesting to see if the old adage 'When America sneezes, the rest of the world catches a cold' still holds true as we slip steadily into recession.

The Eurozone has had mixed economic indicators of late but the Asian economy, led by a still robust China, has shown signs of limping out of its historic economic malaise.

Of course, the denial here in the US is palpable with Wall St. putting on a brave face and the Preznit, once a cheerleader - always a cheerleader, offering only the usual smokescreen of undefined economic stimulae and tacit promises that he will not increase taxes on his rich buddies. As for the rest of the American citizenry... you're on your own kid!