Economic problems in the USA and Australia

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Economic crisis, cartoon

Economic problems in the USA continue. See this Reuters video.

See: Southern California depositors could lose $500 million in IndyMac bank failure.

And: G[eneral] M[otors] continues job slashing in effort to stave off bankruptcy.

Economic problems in other countries continue as well.

See: Australia’s “two-track” economy: super-profits and falling living standards.

1 thought on “Economic problems in the USA and Australia”

  1. Pingback: IndyMac bank fraud investigation in the USA | Dear Kitty. Some blog

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