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View Full Version : Global Crisis 'Inevitable' Unless US Starts Saving, Yu Says - Bloomberg



NewsWhore
06-01-2009, 04:40 AM
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Global Crisis &#39;Inevitable&#39; Unless US Starts Saving, Yu Says (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DaCV0pFcAFyZw%26refer%3Dasia&cid=1249986520&ei=e5YjSqW-AqXmNbyJmYUD&usg=AFQjCNH37xTX7R6McDlHwIB5gA6oFshfiQ)
Bloomberg
Central bank Governor Zhou Xiaochuan has proposed a new global currency to reduce reliance on the dollar. Yu said US tax revenue is not likely to increase in the short term because of low economic growth, inflexible expenditures and the cost of ...


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