Thursday, March 02, 2006

No More Global Savings Glut, Bernanke! Interest Rates Shoot Up World Wide


By Elaine Meinel Supkis
The USA sucks up around 80% of all possible international funds of various sorts. This is to pay for the half trillion in government red ink and near trillion in trade deficits. In return, we printed money at an accelerated rate and now inflation is beginning to rage across the planet. Interest rates are shooting up and investment funds are vaporizing.
TO READ MORE CLICK HERE

Links to this post:

Create a Link

<< Home