Oct
17th
Fri
17th
GOOD for WHOM?
Two hellfire journalists have just lambasted their own USA. Bill Saporito wrote that while US loves to mock France’s Laissez-faire economy, she now resembles France. Then Justin Fox said that ‘once the panic about housing crash and resulting credit crunch has passed, the US will be steering toward another bigger crisis unless it finds something to replace debt as its number one export.’
If that happens, would that still be good for other countries? Scary. Why the crash of US economy or stock market is good for other countries’ economy mystifies many.