Sunday, December 2, 2012
The “Cliff” will affect the UK and it’s worsening debt position
Timothy Geithner warns US could fall off 'fiscal cliff'
"US Treasury Secretary Timothy Geithner has pressed Republicans to offer specifics on deficit reduction, though he admitted that he "can't promise" that the country won't fall off a looming "fiscal cliff" of sharp tax hikes and spending cuts".
Posted by alan @ 08:57 PM (5061 views)
4 thoughts on “The “Cliff” will affect the UK and it’s worsening debt position”
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libertas says:
There will be a world meeting with a global default and devaluation just like the Plaza Accord.
Those without gold and other hard assets will be screwed over.
libertas says:
Here is the Late Great Bob Chapman talking about this. Incidentally, unfunded liabilities and the debt amount to a staggering $100tn.
libertas says:
Peter Schiff talking about the fiscal cliff:
libertas says:
Oops, the video of Bob I meant to post is this, the one above was about Madof: