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Bernanke: U.S. economy facing 'difficulties'

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posted on Jul, 15 2008 @ 05:21 PM
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Bernanke: U.S. economy facing 'difficulties'


www.msnbc.msn.com

WASHINGTON - Federal Reserve Chairman Ben Bernanke told Congress Tuesday the fragile economy is facing “numerous difficulties” despite the Fed’s aggressive interest rate reductions and other fortifying steps.

(visit the link for the full news article)




posted on Jul, 15 2008 @ 05:21 PM
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This is like............... What??????

Difficulties?

I think that they have delayed doing really anything until the bubble grows so big that it bursts.

They want things to get so bad where only drastic measures can be taken.

Banks will all close down and I bet the FED will take over and be America's bank.

www.msnbc.msn.com
(visit the link for the full news article)



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