OK, yes, the EU leaders are a bunch of jerks but who died and made Obama their boss? He has no business ordering other countries' leaders around. Also, his own country isn't doing all that hot, either. This screams of pot calling the kettle black, really.
Yeah, more like "OMG we need Asia to remain financially strong so that they can bail us out. Quick, Europe, DO SOMETHING, fix it!"The U.S. President made telephone calls to German Chancellor Angela Merkel, French President Nicolas Sarkozy and Italian President Giorgio Napolitano late last night.
Treasury Secretary Timothy Geithner said the president had demanded faster action from Europe.
It came as Hong Kong revealed it had plunged into recession.
What I said!And he revealed that Obama was looking to hitch the U.S. economy to growth opportunities in Asia, where he is embarking on an eight day tour, that he hoped would help power the recovery he needs for re-election.
The weak global economy has today pushed Hong Kong into a recession with GDP figures showing a third-quarter contraction, the second straight quarterly decline.
The Hong Kong government said exports dropped off sharply towards the end of the quarter 'amid an increasingly austere global economic environment'.
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