Saturday, July 16, 2011

The US Is Holding the Whole World Hostage

The World from Berlin: 'The US Is Holding the Whole World Hostage' -

"If it continues like this, the US will be bankrupt within a few days. It would cause a global shockwave like the one which followed the Lehman bankruptcy in 2008, which triggered the worst economic crisis since the war. Except it would be much worse than the Lehman bankruptcy. The political climate in the US has been poisoned to a degree that is hard for us (Germans) to imagine. But we should all fear the consequences."

SPIEGEL ONLINE 


Grasping for a solution: Obama is making little progress on the debt-ceiling dispute.

1 comment:

Anonymous said...

Enough with all the bitching. We know the score and who is playing and winning- and losing. Now its time for ACTION. Withhold your ChaseCITIJPMorganBoA credit card payments for 3 months until these criminals are brought to their knees. Since Congress wont enforce the Law, its up to us.
If you arent willing to take a risk or invest something for freedom? SHUT UP and stay screwed.