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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (70573)	10/11/2008 1:18:46 PM
From: marek_wojna	2 Recommendations Read Replies (1) \| Respond to of 74559

He did fail. Orchestrated help from others CB's will only make the crisis worse in some time in the future. You know and I know that sooner rather than later countries with huge debts will face the same fate what an average Joe is facing now because he borrowed over his spending limit. <<but when they were borrowing 100%, or even more, to buy a house, they were woefully ignorant if they weren't speculating.>> Take a closer look at modification they had to add on at national debt clock. Americans don't have the stomach for the real war, same applies to their friends. Once again monetary policies of Greensputin will go into the history books with the big title "How one man was able to bring the empire down" Marek