also states may go bankrupt ....
Tuesday, May 25, 2010
How Many Minutes We Have In The Daylight
Walter Wittmann national bankruptcy Why do countries go bankrupt - how that happens - why what concerns us.
After the financial crisis of the vultures circling over the European countries. The monetary union faces the acid test. What state must first announce the total bankruptcy? Whom are drawn into the abyss? And what can you do about it? The emeritus professor of economics and successful non-fiction author Walter Wittmann analyzed the phenomenon of national bankruptcy and waits as shrewd as uncomfortable proposed solutions auf.Der author makes a concise tour through history seen recurring laws. He explained point by point, how can the current situation in negligence, extravagance and Schuldenmacherei lead to national bankruptcy and demonstrates that it be involved not only politicians but also the private sector strong. The pugnacious economist developed different scenarios for Europe, Japan and the USA. At the same time it provides a sophisticated rehabilitation program that is not even from the social security, health care and the control system maintenance makes. Investors, he gives tips on how to protect themselves through a precautionary investment policy.
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