Sep
07
2009
There Is Another Shoe To Drop In The Global Economic and Financial Crisis – And The Focus Will Be On Europe’s Perifery
Posted by: in Forex Tips, tags: Countries, Economy Minister, Europe, Excerpt, Financial Crisis, Focus, Larry Summers, Last Resort, National Economic Council, Pedro Solbes, Spanish Economy, Spanish Radio Station, Speaking Spanish wrote an interesting post today on
Here’s a quick excerpt
‘As far as I am concerned, this is … the most complex crisis we’ve ever seen due to the number of factors in play’ Spanish Economy Minister Pedro Solbes speaking to the Spanish radio station Punto Radio September 2008 “‘The global imbalances have to add up to zero and so, if the US is going to be less the consumer importer of last resort, then other countries are going to need to be in different positions as well.” Director of the US president’s National Economic Council Larry Summers, speak
Read the rest of this great post here
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