“There is no economy in the world, whether low-income countries, emerging markets, middle-income countries or super-advanced economies that will be immune to the crisis that we see not only unfolding but escalating,”
- Christine Lagarde said in a speech at the US state department in Washington.
if "super-advanced economies" (china i pressume) are not immune then whats it going to be like for the millions of single parent familys and millions of elderly and millions of unemployed. dont think because you have a few hundred in the bank and a few spare computer parts to sell that your safe. the value of money is plummeting, its only paper after all.
- Christine Lagarde said in a speech at the US state department in Washington.
if "super-advanced economies" (china i pressume) are not immune then whats it going to be like for the millions of single parent familys and millions of elderly and millions of unemployed. dont think because you have a few hundred in the bank and a few spare computer parts to sell that your safe. the value of money is plummeting, its only paper after all.
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