The production of debt cannot forever replace the production of goods and savings, and no country can borrow its way to prosperityWell that's a stinker..........
The Western economies, having spent well beyond their means for years, should spend less for some time to pay off the debts, and should take this opportunity to change their lifestyle and consumption habits drastically. Their governments should punish the financial fat cats and protect the small guys from desperation. It now seems that more Americans and Europeans will learn from the examples of financial fat cats and the demonstrating Greeks.If the financial fat cats are in charge of our government, who is gonna punish them?
More....
No comments:
Post a Comment