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Sunday, November 22nd, 2009

Posts Tagged ‘ global central banks ’

Laughable “Loans” to Prevent the Bust

Dec 1st, 2008 | By Richard Daughty | Category: Financial News

I have some bad news for the U.S. government; the taxpayers are not prepared to loan anything to anybody! Hell, total debt-to-GDP is over 350% already, maybe 450%, which is, either way, the highest, by far, of anything I’ve seen in U.S. history…

Tags: Alan Greenspan, Credit Markets, Creditors, Federal Reserve, global central banks, Richard Daughty, US debt, Us Gdp
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