Thursday, September 18, 2008

Why America will need a $1,000bn bail-out

If the US were an emerging market country, its exchange rate would be plummeting and interest rates on government debt would be soaring. Instead, the dollar has actually strengthened modestly, while interest rates on three- month US Treasury Bills have now reached 54-year lows.

read more | digg story

No comments:

6-27-2026

A Trump commission urges ‘bridges’ between church and state in sweeping draft report.   Trump Appears To Sleep While Guests Propose Ending D...