The financial tsunami is already on its way. That is why the central banks have intervened on a massive scale to support the dollar, so that the tsunami will hit the economy a little later.Asking a totally broke government to buy assets is a interesting idea. And who will ultimately pay for any government spending? [...] continue reading the breaking news
Donnerstag, 4. September 2008
U.S. Must Buy Assets to Prevent Financial Tsunami
The financial tsunami is already on its way. That is why the central banks have intervened on a massive scale to support the dollar, so that the tsunami will hit the economy a little later.Asking a totally broke government to buy assets is a interesting idea. And who will ultimately pay for any government spending? [...] continue reading the breaking news
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