THE FED AND WALL STREET HAVE SO SCREWED UP THE AMERICAN ECONOMY THAT IT WILL LIKELY NEVER RECOVER...
FIRST REMEMBER...THE "US ECONOMY" IS LARGELY A FICTION NOW...
AMERICANS DON'T MAKE "STUFF" ANYMORE...
THERE ARE NO FACTORIES IN AMERICA... AS SUCH...
THE MAIN EXPORTS FROM THE US...ARE...
1. JOBS
2. VARIOUS ASSET BUBBLES...IN PART BASED ON THE ROLE OF THE DOLLAR IN THE WORLD ECONOMY.
3 VARIOUS SCRAP METALS AND PULP PAPER...
AND THAT SEEMS TO BE ENDING NOW...WITH THE COLLAPSE OF THE DOLLAR...
ASSUMING THAT THE US ECONOMY IS A FICTION... YOU CAN WRITE ANY KIND OF STORY YOU WANT ABOUT IT...
BUT THE UNDENIABLE PART IS THAT THE AMERICAN MIDDLE CLASS IS NEARLY EXTINCT...
MOST AMERICANS TODAY...ARE EITHER TOO STUPID ... OR TOO DISENGAGED TO EXPRESS A COHERENT OPINION ON ANYTHING...
PROOF OF THIS IS THAT AMERICANS WILL VERY LIKELY VOTE MC CAIN AND THE REPUBLICANS BACK INTO OFFICE THIS FALL!!
HOW STUPID IS THAT...?
THE AMERICAN ECONOMY IS A HOLLOW SHELL...
THERE IS NOTHING LEFT...EXCEPT THE REMAINS OF THE ASSET BUBBLES...
THE NOTION THAT THE BIGGEST ECONOMY IN THE WORLD IS SOMEHOW A "WORK OF FICTION" SHOULD BE DISTURBING TO ANY OBSERVER OF THE CURRENT SITUATION...
I HAVE NO IDEA HOW THIS ENDS... FOR THE FIRST TIME IN YEARS...I AM ACTUALLY AT A LOSS FOR WORDS...
I CAN ONLY POINT AND STARE...SLACK JAWED...AT WHATS' HAPPENING...
BUT IN THAT SENSE PERHAPS FINALLY...I RESEMBLE MY FOLLOW AMERICANS...!
