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.

Paulson and Bernanke: A Conspiracy of Dunces

Now you may closed the book on Wachovia.

Paulson and Bernanke: A Conspiracy of Dunces

do not closed the books yet on WAMU and WB. I think that some lawyer will find a weak point in this deals.