OK point in the article accepted ie America is still pre-eminent, and after this financial storm will still be. But first America and the rest of the world will have to get through this financial storm which arose because of out-of-whack use of credit and leverage especially in the USA. The deleveraging process will cause economic pain, and there may be more pain before we get to the other sunny side which is sure to come.
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OK point in the article accepted ie America is still pre-eminent, and after this financial storm will still be. But first America and the rest of the world will have to get through this financial storm which arose because of out-of-whack use of credit and leverage especially in the USA. The deleveraging process will cause economic pain, and there may be more pain before we get to the other sunny side which is sure to come.
Oct 05 11:01 am
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All Comments by investor88 »America's Real Wealth [View article]