Wednesday, July 8, 2009

PPIP – sounds like some type of Morse code, no?

tags: PPIP , Dollar, USD/JPY,Pound
The news immediately spooked investors
knowing that further stimulus means further debt for the U.S economy.
In today’s market, the imbalance between government’s debts has reached
such an extreme that countries with surpluses are now concerned that
the U.S government will not be able to repay borrowed money. With a
current debt reaching approximately $11.7 trillion, many are worried
that another stimulus will put extreme pressure on the U.S, something
that could lead to further problems in the long term.

Read the full article at dodjit.com