Our Biggest Creditor {China} Tells Us "The good old days of borrowing are over"
by: Les Carpenter Rational Nation USA Birthplace o Independent Conservatism Liberty -vs- Tyranny As the chickens come home to roast... Unbelievable we have been this stupid. ( Reuters ) - Global leaders on Saturday arranged a round of emergency calls to discuss the twin debt crises in Europe and the United States that are causing turmoil in financial markets . After a week that saw $2.5 trillion wiped off global stock markets, they are under pressure to show political leadership and reassure markets that Western governments have both the will and ability to reduce their huge and growing public debt loads. French President Nicolas Sarkozy, who chairs the G7/G20 group of leading economies, conferred with Britain's Prime Minister David Cameron ahead of a call planned for this weekend by G7 finance ministers and central bankers. "They discussed the euro area and the U.S. debt downgrade. Both agreed the importance of working together, monitoring the situation closely
seems like that has been the cornerstone of my posts on medical care.
ReplyDeleteGriper - I believe you are right it has. Please accept my apology for failing to give you a nod on this one.
ReplyDeleteI believe my mind has been to preoccupied by what I perceive to be the uncivil discourse from many on both sides of the political divide. I see the left as being particularly so and I see it as most dangerous. Primarily because the eft has always had the desire to control through big brother government.