Tag Archives: economic meltdown

So much has been written about what various authors refer to as the economic (in alphabetical order) abyss, apocalypse, Armageddon, avalanche, catastrophe, chaos, cliff, collapse, crisis, disaster, downturn, endgame, meltdown, pain, reality, risks, situation, train wreck, tsunami, turmoil that faces the nations of the world I thought a source article of what has been said about the situation would be of interest. Have a look.

An Associated Press release has said that U.S. Treasury Secretary Timothy Geithner has told eurozone finance officials the U.S. is not trying to lecture them on their debt crisis saying that "we still have our challenges in the United States" and that "our politics are terrible... maybe worse than they are in many parts of Europe". The U.S. finance chief said that given the challenges the U.S. faces, "we're not in a particularly strong position to provide advice to all of you." Why isn't this breaking news? Words: 570