Imf Rescue News Today

Rating. france, their banks are stocked with more junk, and trying like mad to get merkel to get the germans to fund them. the germans seem to be funding everybody and-- >> theres only so much money in the well, right? eventually theyre going to realize we cant afford to bail out-- the greeksen italy, france, kablooy. the next is going to be on france, but it all hinges in europe on the european central bank and people hope it will act like the fed and print money and as congressman ron paul sai...

Silvio berlusconi is now being monstered, the best which he can put it, getting the free spending ways under control. no big deal, berlusconi says hes not taking any imf money or imf rescue. maybe so, but try telling these protesters that. theyre all lined up today protesting all of this, and try telling all of these investors all over the world that, all worrying, thinking the same thing, euro no, here we go again. and presidential candidate ron paul here again to tell you i told you so. we can...

Money and increasing the debt. but its a debt crisis and its worldwide. you know, this week, you know, our national debt crossed our gdp in the first time in history, but the worlds that way, too. they have 195 trillion dollars worth of debt and thats approximately what the gdp is, so, the world is literally bankrupt and all they can say, where are we going to get the money and bail them out. were very much involved because our banks are involved with the derivatives, protecting the banks of eur...

>> now, theres a sense, that what the greeks tried to cobble together and youre quite right not there together. it could be worse in rome where six times the economy in italy, and bigger, i go abouter worries, right? >> oh, absolutely. you know, the interest thing is, household debt in italy is relatively low and thats what mr. berlusconi keeps saying when he rejected some monetary help from the imf, but their public debt is right around 2 1/2 trillion dollars. it is pay out of control. although...