and become the latest country to be sucked into the deepening debt crisis financial
jenna's pretty cough landis says the dire economic situation in the u.s.
has definitely got people worried more bring about events than the rest seen in
europe and america. the downgrade of s. and p.
of the good of the united states whether it was warranted or not i think speaks
volumes about the shift of risk from the balance sheet of banks the balance sheet
of sovereign countries which are
a focus of the backstops for the welfare state so when that gets through
a depression of course you're going to have mounting unrest now and i think want to
merely because the system architecture is is such with the banking system and the
the way that the sovereign countries have been affected backstops for. for the
banking system i think that you're going to see more and less especially united
states because the u.s.
is an empire and it's the reserve currency of the world so when it when this when
the system...