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Monday, August 15, 2011

Global Markets Face A New 'Danger Zone'

World Bank chief Robert Zoellick has said that investors have lost confidence in the economic leadership of several key countries, warning global markets were in a "new danger zone" as a result. ... "Frankly, markets are used to the United States playing a leading role in the economic system and leadership and so when they saw the 'Sturm und Drang' in Congress and with the executive, it made them uncertain about, well does the United States really know where it's going? And is it going to get there?" – UK Telegraph

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