"In Europe... you know, they have not fully healed from the crisis back in 2007 and never fully dealt with all the challenges that their banking system faced," so sayeth Barack Obama on September 26, 2011. Certainly, we have performed admirably in dealing with our banking challenges.
Obama, part 2 ".. they're trying to take responsible actions, but those actions haven't been quite as quick as they need to be," as, of course, ours have.
1 comment:
Maybe I'm just getting old, but as I remember it the 2007 banking crisis in Europe came about as a direct backlash of the 2007 banking crisis in the US.
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