Tuesday, September 27

U.S. ECONOMY "AN ACCIDENT WAITING TO HAPPEN"

The mood in the U.S. "is a little edgy."

The International Monetary Fund made it clear last week that it saw the world's largest economy as an accident waiting to happen. The US could not continue to live beyond its means indefinitely, and there were only two ways to deal with the unsustainable imbalances in the global economy: the nice way or the nasty way.

Well, BushCo can't be counted on to actually do anything actually constructive, or anything that they don't want to do, so get prepared for the "nasty" scenario.

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