Monday, Jan 18, 2010
It was the Foreigners wot did it
Time Magazine: Did Foreigners Cause America's Financial Crisis?
"Much of the fault of the financial crisis has been heaped on Wall Streeters, unscrupulous mortgage lenders and weak regulators. But in a new research paper, economist Ricardo Caballero says there is another major group of contributors to America's monetary mess who are not getting the blame they deserve: foreigners."
Posted by mountain goat @ 03:46 PM (596 views) Add Comment
4 Comments
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1. Crunchy said...
Caused? Designed.
2. paul said...
If all else fails, blame Johnny Foreigner.
3. general congreve said...
How dare Time insinuate the Israeli's are behind all this!
4. paul said...
Blame China, Saudi Arabia and, yes, Canada.
Fantastic how they say "Blame China!" then put a picture of Japan against the article. Well I suppose when you're a redneck hick, they all look the same, right?