Tuesday, Mar 13, 2007
Flashback: Only weeks before the default, the Argentinean government declared that the economy was fundamentally sound.
Von Mises Institute: No Tears for Argentina
"Given that the statement came from government, one may not worry too much about it if this declaration was based on ignorance or an outright lie. "
compare this with
"The Treasury responded to his warning by claiming that the decline in savings is a result of economic stability. A spokesman said: "The UK's macroeconomic performance, in the words of the IMF, remains impressive. And with a strong and stable economy, the UK is well placed to benefit from the opportunities of globalisation and absorb shocks. "
Is it just me or does this sound like Gordon Brown anyone?
Posted by lvmreader @ 03:51 AM (145 views) Add Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
No comments have been submitted.
Be the first person to add your comment by completing the form below.