Monday, March 9, 2009

World Bank says some countries now dead man walking

http://247wallst.com/2009/03/09/a-depression-assessment-from-the-world-bank-the-truth-about-global-economic-disparity/#more-26181

it is almost certain that some of the weakest nations in the world will be destroyed by the current economic calamity. It is astonishing that no one in the developed countries has had the courage to speak this truth. That would at least give those countries, likely not to survive, the knowledge that no help is coming. At least, then, they could desperately try find an alternative to outside aid.



Once again the toll from this recession is being underestimated by almost everyone. How many will fail?

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