Germany warns US on market bubbles; Echoes China's fears
More and more people are talking about the US defaulting on its debt.
The Obama Administration has a Twilight-like thirst to bleed our economy to death. The options are becoming fewer and fewer.
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From the Financial Times:
Germany’s new finance minister has echoed Chinese warnings about the growing threat of fresh global asset price bubbles, fuelled by low US interest rates and a weak dollar.
Wolfgang Schäuble’s comments highlight official concern in Europe that the risk of further financial market turbulence has been exacerbated by the exceptional steps taken by central banks and governments to combat the crisis.