“US Treasury Secretary Timothy Geithner said Tuesday that sparking faster growth in the global economy should be the priority of all developed countries to combat unemployment. Geithner told the Clinton Global Initiative conference that slashing government spending at this point is counter-productive, even if countries need to cut their fiscal deficits. He argued governments can afford to borrow at low rates to try to get growth going in their economies to generate jobs.”
http://www.rawstory.com/rs/2012/09/25/geithner-urges-governments-to-fuel-growth/
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Half of U.S. prison sex crimes involve staff
Topless activist Phoenix Feeley goes on hunger strike in New Jersey jail
Japan’s Pension Fund Cutting Local Bonds to Buy Equities
WARNING: You are about to be Exposed to "Washington Monument Syndrome"
Woman hoards 30 Government Life line phones or Obama phones
Global Debt Exceeds $100 Trillion as Governments Binge, BIS Says
Taiwanese billionaire launches Asian ‘Nobel prize’
Romney tells public of secret meeting with MI6 spy chief
Rights groups challenge widespread Internet spying in France
The world's first Bitcoin escort agency
IMF OK With Capital Controls, Inflationists Shrug
Money and People Leave Spain as Economic Gloom Deepens
Rising home prices a global concern
Federal Judge Shoots Down IRS Attempt To Regulate All Paid Tax Preparers
Wind Energy Encounters Problems and Resistance in Germany