Tuesday, December 8, 2009

this is not your grandfathers de-recession

Adllen C said
"Let's not forget the govi deficits"

yeah the deficits are crushing

and thats why i take issue with our friends who say there are lessons from past recessions or the great depression

where we are at today as a country and society is off the charts

nothing like the past

around the time of the GD or just prior, the usa was the "china" of that time...we exported industrial and agricultural goods like crazy

before WWII we had a far favorable balance of trade and gov deficit situation

i really am concerned that this time we have boxed ourselves into a corner and there is no good way out

and as you know i suspect the puppet masters have rigged it this way by design

which political or corporate leaders want to tell the american people we cant live so high on the hog

look at what the press and what passes for our leadership did to carter when he put on a sweater and turned down the heat

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