SOME WOULD SAY THAT THE WORST HAS NOT EVEN STARTED YET...
ECONOMICALLY, MANY ARE SAYING 1929 IS NOT THE RIGHT ECONOMIC MODEL...ANYMORE. AND FORGET ABOUT THE 1970'S...!
IT'S 1720, AND THE SOUTH SEAS BUBBLES THAT WE SHOULD BE LOOKING AT...!
AT THE CURRENT RATE OF DECLINE...THE US AND INDEED THE WORLD COULD SEE CIVIL AND SOCIAL UNREST...BEFORE THE END OF 2009...
THAT WOULD TAKE THIS TO AN ENTIRELY NEW LEVEL...
MY HUNCH IS THAT THE COLLAPSE OF THE AUTO INDUSTRY WILL BE THE LAST STRAW FOR MANY PEOPLE...