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Wednesday, August 17, 2011

S&P Slashes US Growth Forecast, Says Current Crisis Is Worse Than 2008 As US At "Risk Of Default", Ridicules "Transitory" | ZeroHedge

More trouble ahead and yet the leaders ignore the problem, thinking they have or are fixing it. They are fools. The problem is too much debt. You need a plan to eliminate or reduce the thing that is creating the problem, which is the high level of debt. The money has been spent. The bank is broke. Now, the spending needs to be addressed.
S&P Slashes US Growth Forecast, Says Current Crisis Is Worse Than 2008 As US At "Risk Of Default", Ridicules "Transitory" | ZeroHedge

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