The International Monetary Fund warned US leaders that hitting the looming "fiscal cliff" would not only crush the American economy but spin havoc through the rest of the world.
The US needs to shrink its huge fiscal deficit over the medium term but steep spending cuts and tax hikes scheduled for January are too extreme, and are already sending worries across the globe and hitting growth, the IMF said.
Translation: "We can't squeeze any more loot out of Europe; those people are starting to fight back. So now it's the US turn for 'Austerity', meaning the American sheeple must be forced to make do with less so that we the bankers can have more. It is the natural order of things!" -- Christine "I don't pay any taxes" LeGreed
http://articles.economictimes.indiatimes.com/2012-10-09/news/34343177_1_fiscal-cliff-fiscal-consolidation-fiscal-deficit
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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