Berg ab. Part 3

"The idea that countries don't go bust is a joke," said Niall Ferguson, Harvard professor and author of The Ascent of Money.

"The debt trap may be about to spring" he said, "for countries that have created large stimulus packages in order to stimulate their economies."

His chosen prime candidate to go bust is "Ireland, followed by Italy and Belgium, and UK is not too far behind".

Argentina is top of his list of shaky countries but "the argument that it can't happen in major western economies is nonsense".

Professor Ferguson believes the economists are ill qualified to analyse the current economic situation since they lack the overview of historians such as himself.

[...]
"We have the fiscal policy of a world war without a war."

Referring to the clash between inflation and deflation he added: "I don't know who is going to win but we know that while the struggle goes on ordinary people will get trampled. There will be more economic volatility and ordinary people will pay."

He has also warned that in Britain he expects "more riots in major cities this year" because of the economic situation and says the recent "drip feed" of the peccadilloes of British MPs and their expenses is "just the beginning of a crisis of political legitimacy that will be played out over the next 18 months".

Original von Grisu

Nachdem ich deine Posts nochmal las,viele Widersprüche fand,und du dich über Bilderberger,Illuminati usw lustig machst,fiel der Groschen.

Du bist eine von denen,denn,wie sonst würden sich deine Statements zu mancher Aussage erklären lassen.
Mich trickst DU nicht,DU bestimmt nicht!
Und,ich steh dazu,da deine Posts JEDER nachlesen kann.

Grisu

Original von Grisu
Intelligente Antwort...

leider OHNE Erfolg.

Es waren DEINE WORTE,du allein kamst damit an.

Doch,es gibt noch Andere,denen ebenfalls auffiel,was ich sah.Also,immer ruhig,Brauner..

nur nicht nervös werden..


Grisu