more than $613 billion of debt…more drama is on the way.

A weekend of high drama reshapes American finance.
EVEN by the standards of the worst financial crisis for at least a generation, the events of Sunday September 14th and the day before were extraordinary. The weekend began with hopes that a deal could be struck, with or without government backing, to save Lehman Brothers, America’s fourth-largest investment bank. Early Monday morning Lehman filed for Chapter 11 bankruptcy protection. It has more than $613 billion of debt. [economist.com]


« Humble » enfin ?

En 2000, le candidat républicain George W. Bush protesta contre les interventions à l’étranger de l’administration démocrate sortante – celle du président William Clinton –, souvent expliquées par le désir de défendre la démocratie de marché dans le monde. Et il promit que les Etats-Unis redeviendraient une « nation humble »… A l’époque, le pays avait pourtant les moyens de ses ambitions internationales. Il connaissait l’ère de croissance la plus longue de son histoire, son budget était excédentaire, la généralisation des technologies de l’information lui laissait entrevoir un nouvel âge d’or. [monde-diplomatique.fr]

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