PDA

View Full Version : Geithner Says US Can't Use 'Magical Thinking' to Tackle Budget Deficit - Bloomberg



NewsWhore
05-17-2011, 10:20 PM
<img alt="" height="1" width="1" />
Geithner Says US Can&#39;t Use &#39;Magical Thinking&#39; to Tackle Budget Deficit (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH8cX9r13Ql_JbacBEk7wbCgyOZoQ&url=http://www.bloomberg.com/news/2011-05-18/geithner-says-u-s-can-t-use-magical-thinking-to-tackle-budget-deficit.html)
Bloomberg
In response to a question, Geithner said the US benefits from global confidence in the dollar, especially during times of financial and economic stress when investors turn to the currency as a safe haven. “That is an important thing we want to preserve ...

and more &raquo; (http://news.google.com/news/more?ned=us&ncl=dNxgs8mwbd5YA5M)


More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH8cX9r13Ql_JbacBEk7wbCgyOZoQ&url=http://www.bloomberg.com/news/2011-05-18/geithner-says-u-s-can-t-use-magical-thinking-to-tackle-budget-deficit.html)