pedroperez

Is America on a Downward Slope?

No matter the amount of money that we invest in this rescue operation it will only be wasted money. Our economy was hit by a lot of wrong decision taken by our governments and we are paying the price now. Nobody lost more than us in this movie call globalization because what we did was to share our wealth with the rest of the world. We opened our market and we exported our manufacturing facilities. Now we have to rewrite a new economy based in what is left and it is going to take a lot of time no matter the amount of money that we invest. Our economy is not in recession; it just looking for a new way.

This Isn't a Bottom, It's a Disturbance in The Force

the first step to go out of this crisis is to give a golden parachute to Bernanke and Paulson. Bernanke spent his first months in his position looking only at inflation numbers while the economy was falling apart. Probably he is a very good teacher but this crisis is 80% Bernanke made.
See the problems come and you will be a leader. He is no leader.