Eastern Europe needs help-will ripple to NY

The western euro banks have loaned 1.25 trillion Euros to the Eastern European countries.

The Fed is getting worried...

The Fed is now talking about avoiding a systemic economic contraction. They want to pump more
money into the system. These people need to be replaced by Swedish bankers. The Swedes took
all of the toxic assets off of the banks hands and slowly auctioned them off over a period of years.
The government did not do badly. Instead the USA is INCREASING the total debt the the country
owes. Debt i why we got into trouble in in the first place. The USA could not pay off its debts
accumulated after WWII. The after 9/11 we doubled the national debt. Consumers increased
their debt and could not. Printing money is not the answer. Why is it that the USA which controls the
IMF and demands austerity measures for countries which default on their debt prints money to
keep the US economy afloat? Its time to stop importing goods from China. The goods end up
in our garages and are then sent to the Goodwill. Lets start saving money and invest the accumulated
capital in industries in the US.

See article.