http://www.guardian.co.uk/business/2...marketturmoil1
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Originally Posted by transplant99
He doesn't know yet...jeezuz...how could he when he is just getting the recommendations now...as well as waiting to see what happens in the USA. Like or not if Canada does anything in opposition to where they go (USA), that money is nothing but dust in the wind to prop up some overblated pension somewhere or in a job creation scheme that will end up with a bunch of people making things for a market that does not exist.
ANd no...other countries DO NOT have a plan yet. Hell other than Citibank, the uS still doesnt know who is going to get what money. They arent even sure that the auotmakers will get bailed out yet, nevermind who gets what.
Fanny and Freddy will get releif, no question, but beyond that......
Fine...but since it isnt happening...
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Don't know if you're spinning, perhaps "plan" to you means implementation. But even a cursory look of plans other countries are doing shows up. I don't know about you but these look like plans to me.
Gurdian
Quote:
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Factoring in Britain's estimated £500bn package as well as parallel plans in parts of Scandinavia and central Europe outside the 15-country eurozone, the package could take the cost for the EU's 27 states to €2tn (£1.52tn).
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1.5 Trillion sterling ain't nothing to sniff at.