Friday, January 18, 2013

アメリカはまた2月にデフォルト危機です。 America reaches Default limit again, in February.

I have read that Prime Minister Abe intends to make a major purchase of American Treasury bonds.


Really, this is not a good idea.  Yes, the US just barely escaped the Fiscal Cliff.


However, now Timothy Geithner is saying that the US could default in two months.  The repercussions of default will be much worse than than the Fiscal Cliff.


The problem is, the Tea Party, which really means Christian Fundamentalism, is determined to use their power in the Republican party to punish the Democratic party.  They are now making plans to cause default.


I really think Prime Minister Abe should wait and see if America can become a stable country, before investing so much money.


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