I see china being the next economic giant. its so sad that this is what it is. The reign of the US is gradually sliding down. The Feds have to find a way or else they will loose their status as the economic reserve of the world. i think they can still salvage things.
another fear is that once china removes its support and may be Germany, it just means that the doom is iminent.. nice post
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Actually, while the Fed and the other powers-that-be in the US could conceivably do something in response to the current situation, they seem to be clueless about the extent of their dilemma.
In other words, if they responded properly, they might be able to rescue their economy and currency. But they do nothing, apart from digging themselves a deeper hole from which their will be no escape.
This is so sad .. i can't imagine the effect of this. I just hope they stop digging deeper
It seems like the US is in such a position nowadays that it cannot stop digging a deeper hole for itself. That means, quite simply, that it will not stop. Dig, dig, dig!
This is so sad