The state of the world economy frightens me after all. First the Federal Reserve says it does not expect to raise rates until 2013. Then US vice president Joe Biden says that the US will never default. How can they possibly know that?
If the economy had really been in any kind of acceptable shape, they could have given figures instead of verbal promises. The more frequent promises are, the more likely it is that they cannot be backed up by facts.
If the economy had really been in any kind of acceptable shape, they could have given figures instead of verbal promises. The more frequent promises are, the more likely it is that they cannot be backed up by facts.
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