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View Diary: Polyphemus (259 comments)

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  •  it seems to me (2+ / 0-)
    Recommended by:
    Klaus, page394

    that if you overleverage, regardless of your reason, you have damaged the financial system of your country.

    I also agree its easier for politicians in Europe to blame it all on the US.  I would if I was a politician.  It will be a little harder for a US politician to blame Europe, that's why McCain is stuck saying it was loans to poor people in America.  Poor people never realized that were so powerful before.

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