New tipping point of the global systemic crisis: When the noose of public deficits will strangle states and Western social systems
Posted: Dec 15, 2009 2:52 pm CST
A "noose" of public deficits would soon strangle the US and western governments [Photo: NBC33 News]
December 15, 2009 (GEAB) -- LEAP/E2020 believes that the global systemic crisis will experience a new tipping point from Spring 2010. Indeed, at that time, the public finances of the major Western countries are going to become unmanageable . . continue reading.
