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Old 10-09-2008, 06:00 AM  
Paul Markham
Too old to care
 
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Join Date: Jun 2001
Location: On the sofa, watching TV or doing my jigsaws.
Posts: 52,943
Until the West learns to produce goods we can sell to the people we are lending money from the hurt will continue. The days of living on borrowed money are over.

A quick fix to the troubles of today will be for the lenders to wipe out the debt. What's the odds?

Better still they will buy up more of the West to cover the debt.
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