MACRO-EU: Surfing the Tsunami

Posted by Greg Weldon: Weldon's Money Monitor

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We shine the spotlight on one of the ‘biggest’ stories to hit the European newswires since the EU debt-deficit crisis began two-years ago, a story that the financial media has ‘failed’ to cover …

… on November 1st, in Nazare Portugal, 70 miles north of Lisbon, an ocean side town know for the giant waves generated by a freakish 1000 foot deep canyon that runs right along the cliffs that mark the shore line … American surfer Garrett McNamara ‘caught’ a 90-foot wave, and ‘rode’ it to ‘completion’, setting a new world’s record for the largest wave ever ‘surfed’.

Long time readers know my passion for surfing, at least in my younger days (though I do note that McNamara, born in Massachusetts’s, is no teenager, at age 44). The video is nothing less than spectacular, see HERE

For a slow-motion replay with some great still shots, see HERE:

So, what, exactly, does this story have to do with Europe ??? Simple. Europe is trying to ‘ride’ a tsunami of debt.

 

 

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