(Click on Image to Enlarge)
The Danger Debt Poses To The Western World -- Alexander Jung, Spiegel Online
Countries around the world, particularly in the West, are hopelessly in the red, with debt rising every day. Even worse, politicians seem paralyzed, unable -- or unwilling -- to do anything about it. It is a global disaster that threatens the immediate future. But there might be a way out.
When Carlo Ponzi, a dishwasher from Parma, Italy, immigrated to the United States in 1903, he had $2.50 in his pocket and a million-dollar dream in his head. He was able to fulfill that dream, at least temporarily.
Read more ....
My Comment: A summary and analysis on the debt crisis .... and how it is going to impact all of us.
No comments:
Post a Comment