Seeking Alpha
Profile| Send Message|
( followers)  

America's recovery plan: cause other countries to spend more and save less.

From former Treasury Secretary Henry Paulson:

"[W]hen you look at it globally we have nations in Asia, China, Japan and others that don't have enough domestic consumption. They need to consume more and...save less. And...the only way [is] with direct, very forceful dialogue between nations."

So the plan is to put other countries' citizens in debt? With "dialogue"?

Just when I was starting to get over George Bush II, something like this comes up.

Source: Hank Paulson: Stupid, or Just Plain Dumb?