Sunday, November 23, 2008

The US govt has unlimited funds to bail out the economy

WSJ NOVEMBER 24, 2008
U.S. Agrees to Rescue Struggling Citigroup
Plan Injects $20 Billion in Fresh Capital, Guarantees $306 Billion in Toxic Assets

[TEWS comment] Foreign governments are increasingly unlikely to fund the trillions
required to finance the endless bailout.