Feb. 7 (Bloomberg) -- Group of Seven finance ministers pledged to press ahead with economic stimulus measures even as investors intensify their focus on mounting budget deficits...
Read more
Comment: What we're seeing is the making of a mega disaster, a disaster that will be much bigger than the disaster that would have come with a temporary market breakdown in 2007 or 2008.
The more governments spend and increase their debt and deficits for useless "stimulus measures", the less likely a sound recovery will become.
No comments:
Post a Comment