A world in economic crisis

Interview With German Finance Minister Schäuble: “The US Has Lived on Borrowed Money for Too Long”

Posted in USA by Aussie on November 8, 2010

In an interview with SPIEGEL, German Finance Minister Wolfgang Schäuble, 68, criticizes US calls for Germany to reduce exports, his plans for a bankruptcy framework for indebted European nations and the significance of the German-French axis for Europe.

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3 Responses

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  1. economics9698 said, on November 8, 2010 at 9:50 pm

    Here is a link to the USA Federal Reserve web site.

    http://research.stlouisfed.org/fred2/graph/?chart_type=line&s%5B1%5D%5Bid%5D=BOGAMBNS&s%5B1%5D%5Brange%5D=5yrs

    You can get a lot of useful information off the site and it really helps you to grasp the gravity of the financial situation today.

    As for my bio I worked in the “trades” as a building inspector while going to night school. Graduated with a masters in economics and may go for my PhD. Yea I worked in the trades until our socialist president emulated European economic policies.

  2. economics9698 said, on November 9, 2010 at 6:57 am

    Feel free to visit my web site.
    http://usa-wethepeople.com/
    Look forward to a economic exchange from the other side of the planet.


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