The U.S "Casino" Mentality...
"What's to blame? Imperialism, the United States, the irresponsibility of the United States government,...."
EU Commission spokesman Johannes Laitenberger said: "The United States must take its responsibility in this situation, must show statesmanship for the sake of their own country, and for the sake of the world."
"This crisis underlines the excesses and uncertainties of a casino capitalism that has only one logic - lining your pockets,..." said German lawmaker Martin Schulz.
The US government's failure to apply rules that might have prevented the crisis is seen as a betrayal in many developing countries that faced intense US pressures to liberalize their economies....
Liu Mingkang, chairman of the Chinese Banking Regulatory Commission, said Saturday before a weeklong bank holiday in China that debt in the United States and elsewhere has risen to dangerous and indefensible levels.
Read more U.S. "Casino" Mentality...
Source: world news - jpost.com
