ok...
Here I go again about rants against the gentle economic disaster awaiting us. This economic train wreck will not be the spectacular one-time event spanning 4 or so months. But it will be a long term decline and stagnation of the economy.
Basically;
--> decline of the dollar
--> expanding trade deficit
--> lower wages and living standards for avg American
--> continued outsourcing of manufacturing jobs to overseas where slave, or virtually slave labor is used.
The best way to summarize is to read some of the
stuff from the analysts over at Asia Times. Heck...they all know how this stuff works! They have already run the gamut of failed central bank policies....
and are still paying the price!