Thursday, June 07, 2012

IF ECONOMY WEAKENS?

Bernanke: Fed Could Act if Economy Weakens

AP
"Chairman Ben Bernanke says the Federal Reserve is prepared to take further steps if the U.S. economy weakens, but he didn't signal any action is imminent."

China just lowered rate by .25% to stimulate......hmmmm stimulate demand? certainly not jobs as there is OVER CAPACITY  in the world economies...

D

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