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Jack Liu: the U.S. economy is in danger

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Jack Liu: the U.S. economy is in danger

 
 
 
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Jack Liu and U.S. Treasury Secretary
12:29
13
October
2013

WASHINGTON - Qena

Warned Jack Liu and U.S. Treasury secretary, that the superiority of the economy in his country could be at risk due to budget the current debt crisis, which has reached an impasse in Congress, describing the U.S. economy as "anchor the global financial system, because the dollar is the reserve currency in the world, as well as Treasury bonds are a safe haven investment in the world. "

The minister said the American, in a meeting of the management committee of the International Monetary Fund in Washington, on Sunday, it can not be for the United States to consider this reputation painstakingly acquired it for granted.

Adding, that before the closure of government institutions is necessary due to the lack approve the annual budget, all signs point to promote the recovery of the U.S. economy, and said that if Congress acted quickly it will continue on this recovery situation.

 

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Glad he didn't throw the 10,000 lbs. elephant into the picture. Our biggest concern to date the ''entitlement anchor"...it would be an entirely differant situation, if only everyone was requide to pull their on weight oooorr not vote...darn here I go again...nuf said   :twocents:

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When I bought my dinar 4yrs ago I told my wife and friends that this would not rv infill

They collapse the dollar first. Iraq has ALWAYS said they want to be a world reserve currency,

And it seems clear that our government is doing everything it can to bring down the dollar.

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