IMF Bailout of the United States Coming?

05/11/2008 § Leave a comment

 

The growing US debt is the number one problem facing the world today. The US , the issuer of the world reserve currency, the US dollar, is the world’s number one debtor and its borrowing needs have now reached the point of threatening global economic stability.

The growth of US deficit spending combined with tax cuts has transformed the US into a debtor unable to pay down debt without borrowing more. According to Hyman Minsky’s Financial Instability Hypothesis, debtors finance debt by either by hedge, speculative, or Ponzi finance. The US is now using Ponzi financing to do so.

GET OUT WHILE YOU STILL CAN!!

IMF Bailout of the United States Coming? :: The Market Oracle :: Financial Markets Analysis & Forecasting Free Website

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

What’s this?

You are currently reading IMF Bailout of the United States Coming? at GET OUT WHILE YOU STILL CAN!!.

meta

%d bloggers like this: