According to the Telegraph, Gordon Brown is "pushing for his European counterparts to explicitly state they will not rule out further fiscal stimulus packages if deemed necessary".
Just so I understand, the PM wants countries to agree that if the third and latest $1 trillion bail-out doesn't work, then they should not rule out a fourth bail-out. That he is even talking about a fourth bail-out suggests that he feels we're going to be in a position where we need one, probably sometime in the summer given the current bail-out rate.
Prime Minister, you've run out of our own money, you're running out of borrowed money, soon you're going to run out of paper on which to print money. You must stop.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment