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Thread: US gubmint shutdown + default + subprime sequel?

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  1. 07-14-2011, 15:07 #1
    Adrian II
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    Default US gubmint shutdown + default + subprime sequel?

    As omens go, this is one very, very bad news indeed.

    The year 1995 only saw a US government shutdown, this time round a debt payment default is a distinct possibility. And on top of the debt ceiling stand-off on the Hill, it seems that the US surprime crisis may be far from over and that more major banks may collapse before the year goes out.

    Any wild thoughts on how we can grow our way out of this global credit mess? Cause only growth is going to save us.

    AII
    Last edited by Adrian II; 07-14-2011 at 15:08. Reason: perfectionism
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