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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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From: westpacific1/26/2008 12:00:05 PM
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Read this and be depressed......

However, I see no other outcome.

It is possible that the U.S. military could take over the government and declare a dictatorship. Though they undoubtedly would find a more user-friendly name for it. That is how the Roman republic ended.

More likely.

Be Prepared...

Bankruptcy and Collapse

The more likely check on presidential power, and on U.S. military ambition, will be the economic failure that is the inevitable consequence of military Keynesianism.

The United States is somehow exceptional compared with other nations. The American people will be forced to learn what it means to be a far poorer nation and the attitudes and manners that go with it.

West

harpers.org
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