Friday, July 17, 2009

Can the Economy Recover?

"The US government’s budget is 50% in the red. That means half of every dollar the federal government spends must be borrowed or printed. Because of the worldwide debacle caused by Wall Street’s financial gangsterism, the world needs its own money and hasn’t $2 trillion annually to lend to Washington." Paul Craig Roberts

Check out the rest of what Paul writes on this topic. Click on title for the full article.

What will happen now that the world's only super power is sliding into bankruptcy?

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