Sunday, August 7, 2011

It is going to be a long slump for America

Oversimplifying the issues perhaps but certainly a good starting point to learn and understand the immediate economic future for America and how it would color ours. Good days are now further away. This is going to be a long recession. It has to get worse before it get better, and coming at a bad time when others are not quite able to do much heavy lifting. Lucky if Europe doesn't offer problems more serious than the US. The man in the street, prepare to tough it out.

Remember if this heading into an economic depression, far too many people are not going to know it until we are quite far down the road. Upon that discovery, there would be much regret. If policy making is weak, leadership is absent, citizens should be very cautious.


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