Jonponwon

Why Bailouts Are Not the Answer

What makes it all worse is that Bernanke has now got the printing presses running to 'monetise' America's debt because they've lost control over credit. Has no one in Washington heard of the South Sea Bubble, the Weimar Republic, Argentina or Zimbabwe? In the light of all this one can only marvel at the strength of the dollar and the gerbils at international economic helms.