Discussion of Housing Bubble, US Dollar, Debt, Trade Deficit, Oil, Gold, Consumer Spending, Central Banks, Inflation, Outsourcing and the Bleak Future of the US economy
This Blog and/or the articles contained within have been referenced, linked or quoted in: Businessweek online, WSJ Online, Dollar Collapse, Safehaven, Silverbear Cafe, Financial Armageddon, Yahoo & Google Finance -- among many other blogs & web-pages... Thanks for stopping in for a read!
Thursday, October 30, 2008
Economic Collapse: 2009 Will Be Worse Then The Great Depression
William Engdahl: Europe furious that AAA US bonds turned out to be toxic waste. American financial system will no longer be trusted - the end of an era.