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 ...
Which means? President Hillary Clinton?
ReplyDeleteIt remains to be seen. But the odds in her favor increased marginally at the very least. And, party competition has been reduced by 50%. Better hope Bernie doesn't run independent in the general.
ReplyDeleteThe fact that the only apparent threat to Hillary is an independent run from the left, combined with the popularity of Trump among GOP voters, should show the GOP that the entire country has indeed shifted to the left and it is time for them now to start moving back to the center, a least a little. The Right Wing has collapsed.
ReplyDeleteJMJ
An independant run from the Left? Wouldn' that guarantee a Republican win... and cause the GOP to conclude that the entire country has shifted to the Right? Due to the "failure" of the Obama presidency?
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