I believe I’ve come up with an excellent proxy for the level of economic distress felt around the world thanks to our feckless Democrat leaders. I call it O-FAIL, which stands for Obama Financial Anxiety Index Levelâ„¢.
O-FAIL takes all of the world’s instability, hysteria, deficit spending, money printing, fears of energy disruption, terrorism and war — and encapsulates them into a single, easy-to-understand number.
The higher O-FAIL gets, the worse things are around the world. Check out the O-FAIL index. You can see that over the past couple of years, immediately after the election of Barack Obama, it began going parabolic.
O-FAIL is also known as the price of gold.