Like the previous debt ceiling debates by U.S Congress, this one is probably going to go down to the wire.
October 17th is the deadline…I think and just before that date they are going to decide to raise the debt ceiling and call up “Helicopter Ben”, Ben Bernake to fire up the U.S dollar printing press and print a few more trillion dollars. Hey let’s just create money out of thing air.
In last few years the Euro Zone has been deteriorating. First to head for recession and then depression was Greece, then Cypress, Spain and Portugal. Unemployment at many of these countries now exceed 20%.
The U.S media hasn’t broadcasted a whole lot about this but now here comes France…one of the largest economy in Europe. France, economy is burden by huge debts and the economic slowdown continues.
For some reason this whole chemical weapon claim by the United States government towards Syria sounds an awful like the lies they made up about WMD (weapons of mass destruction) against Iraq in year 2000, to have a reason to attack and take over the country for its oil.
Well, it was only after about 5 years after the U.S attacked Iraq, that it was revealed Iraq never had weapons of mass destruction. It was all a made up lie by Washington.
