Tuesday, July 15, 2008

U.S. Economic Fears

The UK Telegraph has produced a concise and frightening look at our current economic turmoil. The thesis:
"Merrill Lynch has warned that the United States could face a foreign 'financing crisis' within months as the full consequences of the Fannie Mae and Freddie Mac mortgage debacle spread through the world."
Read the entire piece: US faces global funding crisis, warns Merrill Lynch

No comments: