3 Articles
Saturday, January 3, 2009
America's Broken Economy
(2 comments)
The age of American exceptionalism is over. The nation is indebted to the point of bankruptcy and is desperate for foreign investment to artificially prop up a broken economy that would completely collapse if not for the "generosity" of nations like China, Japan and others. Unfortunately, that "generosity" comes with a price tag: American sovereignty, power and influence.
Monday, December 15, 2008
USA Loses In An Economics War And Is Now A Defeated and Conquered Nation
(4 comments)
USA Loses In An Economics War And Is Now A Defeated and Conquered Nation with a destroyed industrial infrastructure, forced to live on imports and on credit from anyone who will offer it.
Friday, December 12, 2008
Massive Trade Deficit Prolongs Recession
The trade deficit remains large because of high prices for imported crude oil and refined products, subsidized imports from China, and the continuing woes of the Detroit automakers.