The US is on the Brink of Financial Disaster -Bernanke

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  • Wed, Oct 06, 2010 - 02:26pm

    #1
    earthwise

    earthwise

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    The US is on the Brink of Financial Disaster -Bernanke

 

For those of us who have expressed frustration about having a spouse, friend or relative that’s hard to convince of the danger to the economy, perhaps if they hear it straight from the Fed Chairman himself……….

http://www.economicpolicyjournal.com/2010/10/bernanke-tells-truth-united-states-is.html

  • Thu, Oct 07, 2010 - 01:45am

    #2
    Peak Prosperity Admin

    Peak Prosperity Admin

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    Re: The US is on the Brink of Financial Disaster -Bernanke

Cripes!

You’d think that would have been front page news. I particuliarly like this line:

But history makes clear that countries that continually spend beyond their means suffer slower growth in incomes and living standards and are prone to greater economic and financial instability.

!?!?

OK. So why are you doing so much QE?

Bizzare.

 

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