Monday, September 15, 2008
America's loans, who owns them and what might they do to us, recall?
Déjà vu, once again. I was listening to an old recording of the BBC and it covered our circumstances in America today, exactly, only with name changes, subbing USA for Britain. HIstory can and does repeat itself. Follow this. The British Empire was losing bits and pieces of itself, Cyprus, Iraq oil...
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It is so sad to be one of the few who follows economics and is unsurprised.
With the fall of Lehman Brothers, as I told you was happening and the dominos now lined up in front of them from here to Singapore, I pity the next president of a tarnished, beleaguered by itself, crashing nation. We were all that before Bush got his hands on us, sort of. Now, we're all that and a...
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