Bailout fallout?; No. Paulson rightly weighs global markets
Eyl 23, 2008 | Bailout fallout?; No. Paulson rightly weighs global markets için yorumlar kapalı
The Washington Times
BYLINE: By Tulin Daloglu, SPECIAL TO THE WASHINGTON TIMES
The startling developments of the United States economy over the past two weeks – the tumbling market and the unparalleled intervention by the federal government to bail out major financial institutions – led President Bush to comment on Friday that “America’s economy is facing unprecedented challenges, and we are responding with unprecedented action.” Indeed, the markets worldwide grew apprehensive in reaction to the developments on Wall Street. I am no expert on financial matters, but hearing the words “confidence,” “overspending ” and ” spillover” repeated over and over in nearly every related discussion led me to think about America’s presence on the global stage.
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