Saturday, November 6, 2010

Germany's finance minister Wolfgang Schaeuble: With all due respect, US policy is clueless.

China, Germany and South Africa criticise US stimulus

Germany, China, Brazil and South Africa have criticised US plans to pump $600bn (£373bn) into the US economy.

German Finance Minister Wolfgang Schaeuble said the US policy was "clueless" and would create "extra problems for the world".

The US Federal Reserve could weaken the US dollar and hurt exports to America.

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1 comment:

  1. Jemmy HopeNovember 7, 2010 at 4:10 AM

    The British government will say, "What a great idea, we'll do the same."

    ReplyDelete

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