Thursday, September 11, 2008

Bailout will cause a US Depression, Says Hennecke

The end result of the global economic slowdown may be the U.S. announcing national bankruptcy as the government cannot afford the bailouts that it promised and the market will not bail out the government, Martin Hennecke, senior manager of private clients at Tyche, told CNBC on Thursday.

Full Article below:
http://www.cnbc.com/id/26656750

No comments:

Post a Comment