Home | October 2011News | Bill Hionas Says There Is Some Truth In Ben Bernanke's Comments About Fiscal Responsibility |
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Bill Hionas Says There Is Some Truth In Ben Bernanke's Comments About Fiscal Responsibility
- Bill Hionas Says There Is Some Truth In Ben Bernanke's Comments About Fiscal Responsibility
- October 02, 2011
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Western world has very different fiscal management styles from emerging economies in Asia.
MIAMI, FL - Ben Bernanke's rather preachy (albeit true) remarks that the US needs to learn budget discipline are very interesting considering the very different budget and investment styles in the emerging economies of India and China, versus those of more developed nations in the western world. 'Fiscal responsibility' is not too popular a concept in modern day North America, or Europe, Canada, or Australasia for that matter. For decades now, many families have existed purely on credit - often c...
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