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Canada's finance minister; in his press statement after a session: "I'm convinced they are now suitably infused; at least the relevant countries are, with the gravity of the situation and the need to act quickly and decisively."
Sheesh; "relevant countries", there's a back hander for you!
I kinda think there were some serious spanking of the euronuts by the more stable members of the G20. Something along the lines of; you'll get bank support but only if you agree to cut your spending in the areas of ....... and impose IMF suggested controls on loans etc...!
While everyone here is catigating Mr Geithner and Mr Obama just remember who has trillions of dollars of US Private Commercial and Public debt and who we are relying to pick up all of our highly rated paper in the future--Europe. so Europes financial soundness is very important to us if not then we only have good friends like the Bank of China.
While everyone here is catigating Mr Geithner and Mr Obama just remember who has trillions of dollars of US Private Commercial and Public debt and who we are relying to pick up all of our highly rated paper in the future--Europe. so Europes financial soundness is very important to us if not then we only have good friends like the Bank of China.
We have another chance to do what should have been done long ago...
While everyone here is catigating Mr Geithner and Mr Obama just remember who has trillions of dollars of US Private Commercial and Public debt and who we are relying to pick up all of our highly rated paper in the future--Europe. so Europes financial soundness is very important to us if not then we only have good friends like the Bank of China.
Yet if Ron Paul's suggestion were taken we could simply cancel $1.6 Trillion in "fake" debt owned to the Federal Reserve.
Of course, The FED would not like that would they? It would derail more wealth being stolen from the middle class. <<<<- Gee, there's a CLUE!
Ron Paul: Cancel $1.6 Trillion Fake "Debt" Owed to Federal Reserve (http://www.thenewamerican.com/usnews/politics/8216-ron-paul-cancel-16-trillion-fake-qdebtq-owed-to-federal-reserve - broken link)-
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