Damn Brits.... - Mercedes-Benz Forum

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post #1 of 2 (permalink) Old 10-04-2008, 06:41 PM Thread Starter
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Damn Brits....

Yes, there were noooo housing bubble in England.

AFP: European leaders vow to fight financial storm
"This crisis that has come from America has affected all businesses, so we agreed to ask the European Investment Bank to frontload 25 billion pounds (44 billion dollars) of finance for small business loans," Brown said.

and Krauts

“The origin and centre of gravity of the problem is clearly in the USA,” German finance minister Peer Steinbrück pronounced. And Gordon Brown, prime minister of our closest ally until recently, said his nation’s economic problems were imported from America, a view shared by opposition leader David Cameron. How the Americans forced Northern Rock and Bradford & Bingley to write mortgages for more than the value of the homes being purchased or persuaded B&B not to check the veracity of mortgage applications remains unexplained.

Name an economic problem and its origin is George Bush’s US and the allegedly radical deregulation policies of the neoconservatives.

Last edited by mlfun; 10-04-2008 at 06:45 PM.
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post #2 of 2 (permalink) Old 10-04-2008, 06:47 PM Thread Starter
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Wait a minute ......

that's elau.
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