[. . .]
In other words, the markets have caught on to the fact that Bush is nothing more than economic smoke and mirrors. He continually hides the ball or figures out ways for other people to pay for his mistakes.
Because the US has not effectively dealt with its trade or federal budget deficit, other nations appear to be making the initial moves to get away from the dollar.
[. . .]
Enlightening post in the Kos Diaries via Corrente. Eventually, our creditors are gonna cut us loose to founder on our own. When that happens, we'll see another Depression.
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