March 10, 2009
G-20 Nations Expect More United States Cash
We now hear that Germany, Japan, and France, among others (China) will not stimulate their economies by floating more debt and spending the borrowed money in "stimulus" payments. Only the United States, and to a much lesser extent the United Kingdom, are anxious to incur debt and spend the funds. But keep in mind that the United States, in bailouting AIG, our banks, and our auto companies, is funnelling money to Europe, Japan, China, and UAE countries. In other words, the countries are, like the private investors in our markets, waiting out our government to see how much money it will send their way on its own.
You know things are crazy when the President of the Czech Republic, Vaclav Klaus says: "Coming from...a former communist country where I spent most of my life, I almost don't believe my eyes to see how much you believe in government and how much you don't believe in the market. This for me is a shocking experience. And I have to say that very loudly."
March 10, 2009 | Permalink
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Me parece muy interesante este blog! Hace poco leí un articulo sobre el mismo tema en un portal colombiano dedicado a proveer información electoral y sobre los candidatos en Colombia, especialmente lo relacionado con las elecciones 2010 en Colombia y con los candidatos al congreso y a la presidencia.
Posted by: Elecciones | Mar 29, 2009 7:23:47 AM