"...Nothing Has Changed
The thing is, what was true then is true today. The system is still insolvent in spite of massive amounts of private debt dumped on the backs of taxpayers and now made public.
Not a single structural problem has been fixed in the US, UK, Europe, Japan, China, Australia, Canada or for that matter anywhere..."
at http://globaleconomicanalysis.blogspot.com/2010/12/interesting-wikileaks-regarding-mervyn.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29
No comments:
Post a Comment