Plus: Buy Australian Dollar, Sell U.S., N.Z. Currencies, Goldman Sachs Says(http://mparent7777.livejournal.com/7350894.html
Plus: FEDERAL RESERVE ORDERS $2 TRILLION TO BE PRINTED AND PUT INTO CIRCULATION: US TREASURY FLABBERGASTED(http://mparent7777.livejournal.com/7350494.html
Plus: 'Asia must prepare for dollar collapse': US living on borrowed time(http://mparent7777.livejournal.com/7344527.html
27 MARCH 2006
David Walker, the US Comptroller General, is predicting economic disaster for his country. He talks to Stephen Sackur.
The richest, most powerful nation on earth faces a fiscal "tsunami" which threatens to overwhelm Government and citizens alike. Who says so? America's auditor in chief, David Walker, whose job it is to oversee all Federal spending. He's pleading with US politicians and taxpayers to face up to the harsh economic realities that come with an ageing population and spiralling budget deficits.
But is economic disaster really so close at hand?
Stephen Sackur talks to David Walker.
) to watch the full interview.
) to curl your hair. http://www.tpmcafe.com/node/28390
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