Ungodly Politics

"Announcing your plans is a good way to hear god laugh." - Al Swearingen

Wednesday, January 07, 2004  

I.M.F. Report Says U.S. Deficits Threaten World Economy

And the hits just keep on coming....

"The report warned that the net financial obligations of the United States to the rest of the world could equal 40 percent of its total economy within a few years — "an unprecedented level of external debt for a large industrial country" that it said could play havoc with the value of the dollar and international exchange rates."

posted by lazarus | 16:41 | |
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