ANY COMPARISON OF THIS STRUCTURAL DEPRESSION WITH THE CYCLICAL RECESSIONS OF THE PAST IS MISTAKEN...
THERE IS A FUNDAMENTAL FLAW IN THE AMERICAN SYSTEM THAT HAS MAKE THE ASSET BUBBLES THE ONLY GAME IN TOWN FOR AMERICANS... AND THAT GAME IS OVER...
AMERICA IS NOT A PRODUCTIVE ECONOMY...IT MAKES NOTHING BUT PAPER ASSETS DOMESTICALLY AND EXPORTS ONLY WARS...
VERY LIKELY THE MORE INFORMED AND INTELLIGENT PARTS OF THE US SOCIETY WILL GIVE UP ON AMERICA IN THE AFTERMATH OF THE REVERSION TO HATE AND GREED IN THIS ELECTION...
SELL ANY BLIP IN BOGUS PAPER... AND BUY GOLD ON EVERY DIP...
2011 WILL BE A DOOMSDAY YEAR FOR THE AMERICAN ECONOMY.
