Posted on 11/21/2009 6:11:59 AM PST by FromLori
Germany’s new finance minister has echoed Chinese warnings about the growing threat of fresh global asset price bubbles, fuelled by low US interest rates and a weak dollar.
Wolfgang Schäuble’s comments highlight official concern in Europe that the risk of further financial market turbulence has been exacerbated by the exceptional steps taken by central banks and governments to combat the crisis.
(Excerpt) Read more at ft.com ...
ping
So much for Obamanomics. Germany is none too thrilled with the U.S. and most particularly with Obama. The putz can’t impress Americans; so he’s trying to impress other countries. And he’s failing miserably.
Hurrah!
Obama is out to wreck our economy, and then rebuild it in his
(46 year old college student radical) image. He listens to nobody unless they share his philosophy.
Agree I have prepared for the worse as best I can and hope others do too.
we’re at a crossroad, a government going bankrupt might not be a bad thing if we do the right thing afterwards since we can start from a new slat
In one week China then Germany. WOW
By the time Obama is through, China will probably be more capitalistic than the United States...
Let them sleep in the bed they helped make....
http://www.google.com/search?hl=en&q=deutsche+bank+Argent+Mortgage&aq=f&oq=&aqi=
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