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Jim's Link-O-Rama

Pages of interest linked via Google Tool Bar Blog-It.

Friday, January 07, 2011

Money near terminally ill.

Money near terminally ill. "The international monetary system set up at Bretton Woods in 1944 is on the verge of breaking down. It could still be saved by heroic measures, especially if these were taken in the United States. They would include an immediate slash in projected government expenditures, an immediate balancing of the budget, and a halt in any further increase in the stock of money." http://bit.ly/ggiai1

Marching toward the precipice. "But in the present political and ideological atmosphere, these measures are very unlikely. | Parallel measures are even more unlikely in Britain or in France." ibid. http://bit.ly/ggiai1

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