Posted by: ll_ll July 28, 2008
US Economy: A Downward Spiral?
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The wheels for the fall was already set into motion my Greenspan more like a couple of decades ago and constantly spun faster by this current administration. I don't think the next administration will be in a position to save U.S. The only question that remains now is "how long?". Bretton Woods will be irrelevant in about a decade. We needn't look far but just across the Atlantic for our savior. Yes, I agree the fall of America might usher in the next dark ages but it will probably be over sooner than lot of us think - maybe another decade.
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