Page 4 - Credit Problem News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Should risk, not passing a debt ceiling? will that shatter the fiscal markets around the world? will we have a real credit problem we've never had before if it goes down, the debt ceiling? >> well, you know, they used a similar argument when they wanted to do the bailout in '08 saying there would be a depression if we didn't do it. all they did was prevent the depression for wall street and gave the depression to the poor people. so now they're saying once again, another fear. no matter what happens, use fear after 9/11 and, you know, osama bin laden -- saddam hussein, we had to scare the peop...

This money to help them out. so now the european union, remember they now share currency with 15 other countries, they said they'll help them out but they have to take into account measures and this means that they're going to see severe pay cuts for some people there. also seeing that their taxes are going to go up. and the retirement age for some women is also going to go up. so all of this coming out. remember, when there was a regime change in greece, this was when they found out the debt issues so huge so the greek people didn't know that this was coming. that's why they're rioting, so up...