Spending Other People’s Money: Further Recession & Financial Turmoil in America & the EU

from GlobalResearch

For almost 12 years Washington has had no jobs policy or growth policy for that matter. It is bail out the financial sector and the government. There is nothing for people – no solutions.

What the Fed and the Treasury have been doing to resurrect the economy hasn’t worked and they knew it wouldn’t work. The idea is to extend the time line. This is the same thing that is being done in Europe.

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