GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Brazil official: Crisis could be worse than 1930s

xmas13 · 09-26-2008, 02:32 PM

http://www.ft.com/cms/s/0/1d6a4f3a-8...0779fd18c.html

The US will lose its role as a global financial ?superpower? in the wake of the financial crisis, Peer Steinbrück, the German finance minister, said on Thursday, blaming Washington for failing to take the regulatory steps that might have averted the crisis.

?The US will lose its status as the superpower of the world financial system. This world will become multipolar? with the emergence of stronger, better capitalised centres in Asia and Europe, Mr Steinbrück told the German parliament. ?The world will never be the same again.?

09-26-2008, 02:32 PM
xmas13 Confirmed User Join Date: Dec 2004 Location: GFY Posts: 5,176	http://www.ft.com/cms/s/0/1d6a4f3a-8...0779fd18c.html The US will lose its role as a global financial ?superpower? in the wake of the financial crisis, Peer Steinbrück, the German finance minister, said on Thursday, blaming Washington for failing to take the regulatory steps that might have averted the crisis. ?The US will lose its status as the superpower of the world financial system. This world will become multipolar? with the emergence of stronger, better capitalised centres in Asia and Europe, Mr Steinbrück told the German parliament. ?The world will never be the same again.? __________________ ICQ 557504926