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
Hey TOM, I know this disappoints you but your comments are deleted unread.
ReplyDeleteHave a typical TOM miserable pathetic kind of day now, ya hear?
I read and re-read every comment by TOM. He thinks he's really annoying me with his frequent comments, but he could not be more wrong. Actually, I don't really care either way. He's going to do what he's going to do. I'm interested in seeing how long he keeps it up. Back when he was commenting as "Steve" it lasted less than a month. TOM thinks he's some kind of master annoyer, but he's bush league. As well as a pathetic homophobic idiot.
ReplyDeleteI used to read them as well. But his comments always boiled down to the same, it got old and boring. So I stopped reading them.
ReplyDeleteBut I do agree with your closing comment.