My take on a variety of topics that are shaping the U.S. in the 21st century.
Sunday, October 12, 2008
Europe Moving in Concert?
Well, they may actually be. They, the countries using the euro, have announced that they will guarantee loans between banks at least until 2010 and, following Buffet's lead, they will be buying preferred stock.
2 comments:
Anonymous
said...
I notice much of the US media is blaming Europe for being slow to achieve a universal policy on this crisis. They tend to forget that there is no United States of Europe. While certain issues are controlled from Brussels, most EU politicians are aware their citizens won't tolerate their tax money being used to bail out another nation's banks.
2 comments:
I notice much of the US media is blaming Europe for being slow to achieve a universal policy on this crisis. They tend to forget that there is no United States of Europe. While certain issues are controlled from Brussels, most EU politicians are aware their citizens won't tolerate their tax money being used to bail out another nation's banks.
I suspect "pump and dump"
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