"Half of Europe is actually in worse shape than the U.S. and with the EURO being 47% of the dollar index, this is major dollar bullish."

Half of Europe is almost in as bad a shape as the US, the other half much better in shape than the US.

Why? Because, half of Europe has no debt, they have savings in the Bank and their future is guaranteed through Pension Funds, which actually accumulated contributions.

What has gone wrong here is the Anglo-Saxon casino growth model, not the Eurpean conservative savings model.

This is what Sinclair means, when he says that there is a spin to make people think that Europe has more problems than the US. England is broke, like the US, Europe is not.