Nie spłaci się długów,, jeszcze większymi
/ 178.36.59.* / 2011-07-21 14:47
Wszędzie mydlenie oczu, marnotrawstwo pieniędzy podatników, niby dla ich dobra i kolejne obiecanki-cacanki...
A krach coraz większy...
That was found in the China "flash" PMI which dipped under 50 last night, and the euro composite PMI slipped back to 50.8 - barely positive. The underlying rot is not found in so-called "uncertainty"; rather, it is founded on the certainty that debt is too high and we have fixed nothing in the financial system over the last three years. Instead, governments have taken on their back support of the economy and spent like wild banshees, in the case of the US amount to 12% of GDP.
Barney Frank is on the boob tube deducting IQ points from the American public again, talking that we must not "cut spending" right now or it will tank the economy. Well, yes, mathematically it will. But we heard the same song in 2008, and it was equally true them. The claim made then was that within a year or two we could stop the deficit spending - in the "intermediate term."
Now three years into this, when does that "intermediate term" begin?