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"Despite the upbeat chorus echoing out of Washington and Wall...

  1. 5,186 Posts.
    "Despite the upbeat chorus echoing out of Washington and Wall Street, the U.S. economy is in fact facing a major crisis. In just a few years, the value of the dollar has fallen dramatically, domestic manufacturing has largely shut down, the real estate market is beginning a free fall, and American consumers continue to borrow from abroad to spend more than they earn. What's worse, none of these trends seem to be slowing down"

    Peter Schiff
    April 2007.
    www.europac.net
 
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