The Credit/Debt Crisis: A Depression Era Stock Market and America's Financial Failure?
With the Dow Jones Industrial Average below 9000, we are witnessing an epic battle between the forces of a stock market crash and possible economic deflation, on the one hand, and the might of the Federal Reserve and government, on the other. We face frozen credit markets and a huge debt burden on our citizens and government that has built over decades as both citizens and the federal government have been living beyond their means.
Continue reading » The Credit/Debt Crisis: A Depression Era Stock Market and America's Financial Failure?
| Permalink | Comments (0) |