Monday, February 16, 2009

The Doomsday Clock of The World Economy




While Americans are either still giddy or completely terrified at the prospects of Obama's stimulus plan? People need to be watching what is going on in the rest of the world. They are in far worse shape than we are and it has nothing to do with the American sub prime lending losses.

I have been trying to tell people about this in my limited ability to even comprehend it, much less effectively sound an alarm. Well, read this article below and contemplate what is about to happen to the world and us for that matter for yourself.

Failure to save East Europe will lead to worldwide meltdown The unfolding debt drama in Russia, Ukraine, and the EU states of Eastern Europe has reached acute danger point.

Read More Here


http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/4623525/Failure-to-save-East-Europe-will-lead-to-worldwide-meltdown.html

No comments: