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Religion & Law

: Constitutionally Correct

America is ?bankrupt Mickey Mouse economy?: CIO

By Alliance Alert

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CNBC: "America is a 'Mickey Mouse economy' that is technically bankrupt, according to Jochen Wermuth, the Chief Investment Officer (CIO) and managing partner at Wermuth Asset Management. 'America today looks like Russia in 1998. Consumers, companies and the government are all highly indebted. America as a result is a bankrupt Mickey Mouse economy,' Wermuth told CNBC."

Full post as published by Constitutionally Correct on August 11, 2010 (boomark / email).

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