Since all of Europe looks to the USA as an example Obama with his Obamanomics and his I am sorry tours weakened the USA and the USA dollar. I am sorry does not cut it now for what Obama has done to the world. Impeach him Vote Him out, Remove him It doesn't matter how he leaves and clean out House and the Senate . Start over with a none Professional none Lawyer Politicians with the Peoples elective Representative with a stated term.
To make these changes Vote for Leah Lax Donate at www.LeahLax.com
Bank of England Head: World Facing Worst Economic Crisis Ever
Thursday, 06 Oct 2011 09:23 PM
The world is possibly facing the worst economic crisis in history, the governor of the Bank of England said Thursday.
Sir Mervyn King was speaking after the decision by the Bank’s Monetary Policy Committee to put £75billion of newly created money into the economy in a desperate effort to stave off a new credit crisis and a UK recession, the Daily Telegraph reported.
“This is the most serious financial crisis we’ve seen, at least since the 1930s, if not ever. We’re having to deal with very unusual circumstances, but to act calmly to this and to do the right thing.”
“The world economy has slowed, America has slowed, China has slowed, and of course particularly the European economy has slowed,” he said. “The world has changed and so has the right policy response.”
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