the slow movin' train wreck

"“ Da risk of contagion be a real one,” said Scott Thiel, da head of European fixed income at da asset management firm BlackRock in London, know what I'm sayin'? “Investor sentiment be now focused on countries like Spain 'n Portugal, where fundamentals be weakest.” Tha dude said dat fo now, tha dude saw little risk fo Italy, given da relative stability of its economy.

Da euro, which has become one of da world’s strongest currencies since its introduction ova a decade ago, be now down 5 percent against da dollar dis year, man. Da euro’s decline picked up speed when da European Commission’s statistical office revealed in mid-January dat Greece had been submittin' false data to calculate its budget deficit, know what I'm sayin'? (Late last year, Greece stunned investors by sayin' dat its government deficit would be 12.7 percent of its gross domestic product, not da 3.7 percent da previous government had forecast earlier)." (NY Times)

Da Asian countries be chillin' out 'n wid a bit of a smirk enjoyin' da crisis da Western countries collapsin' economy n' shit. Now yo' ass now what we experienced in 1997.