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  1. 07-01-2011, 03:46 AM #1
    AirborneSapper7
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    IMF: US Must Lift Debt Ceiling to Avoid Severe Global Shock

    IMF Urges US Debt Ceiling Increase to Avoid ‘Severe Shock’

    Wednesday, 29 Jun 2011 11:28 AM

    The International Monetary Fund said today global markets will suffer if the U.S. Congress fails to approve an increase in the $14.3 trillion debt ceiling and cautioned about the risk of a downgrade in the country’s credit rating.

    “The federal debt ceiling should be raised expeditiously to avoid a severe shock to the economy and world financial markets,â€
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  2. 07-01-2011, 04:43 AM #2
    AirborneSapper7
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    the subliminal message here is we need your printing presses running 24 hours a day / 7 Days a Week / 365 days a year to bail out the world

    and you the dumb Ass American will be paying for all the bad Risk Investments by the Banks and Hedge Funds
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  3. 07-01-2011, 04:51 PM #3
    forest
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    Too late. Severe shock is coming regardless. It may be delayed for a short time but it's coming.
    As Aristotle said, “Tolerance and apathy are the first virtue of a dying civilization.â€
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