US Response to the European Debt Crisis

Here is a video of Timothy Geithner and Ben Bernanke discussing US loans. When answering questions about funding of the IMF for financial needs, Treasury Secretary Timothy Geithner responded by telling them not to worry because the loans are "backed by gold."

March 21, 2012
House Committee Oversight and Government Reform

Timothy Geithner and Ben Bernanke testified on U.S. response to the European Union debt crisis. Chair Bernanke said the European debt crisis still poses risks to the U.S. economy, but recent stress tests on major U.S. banks shows that many would be able to survive an economic downturn. They also answered questions about the U.S. housing market and federal debt.

To watch the video CLICK HERE

Follow Us

Share Page

Weekly Charts

Current Spot Prices


Special Offers

© 2017 Swiss America Trading Corp. All Rights Reserved.   |   Privacy Policy   |   Site Map   |   Contact Us   |   Mobile Version
SWISS AMERICA and Block Logo are registered trademarks of Swiss America Trading Corp.
Where did you hear about us?
Pat BooneMichael Savage
OtherChristopher Greene (AMTV)