Video: German Government Attacks UK's Rescue Plan of Bailouts and Borrowing
Submitted by UKLooney on Thu, 12/11/2008 - 15:46
German Government Attacks UK's Rescue Plan of Bailouts and Borrowing.
Quote: "The tremendous amount of debt shows a complete failure of policy"
Quote: "We'd spend a generation paying it off"
http://www.youtube.com/watch?v=_OhuXeOt-og
And the pound nose dives against the Euro. Is this also the future of the US Dollar?
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Reported on the late news here last night.
Good stuff.
Ron Paul "Sign Wave Across the USA" -- November 5th!
Germany must be doing something right
More deficit spending, bailing out companies and increasing debt will certainly drive all currencies concerned in a downturn.
There is another hint, that German government officials are not joining the Anglo-American concept on how to proceed with this crisis.
Nobel prize winner Paul Krugmann complaint about Germany on his blog as a German problem. By refusing to join excessive bailouts Germans would speculate on a freeride as they would profit from those pumping new debt money into the euro.
If this would prevent other states from doing that, would be fine with me...
link:
http://krugman.blogs.nytimes.com/2008/12/10/the-german-problem/
As a nobel prize winner Krugmann should be in line with the elite's expected solution to the crisis.
Ron Paul 2008 - Truth is simple
Ron Paul 2008 - Truth is simple
I just hope other countries
I just hope other countries would do the same, seems like Germany is the only country iEurope with sane politicians.
The People's President
Ron Paul R[̲̅ə̲̅٨̲̅٥̲̅٦̲̅]ution 2012
Yes but we don't need the
Yes but we don't need the Germans to reaffirm it for us. It is understood by the world.
http://www.federalfallacy.com
http://federalfallacy.com