End of manufacturing= end of US empire. When the finance whizzes and bankers took over the economy they got addicted to making easy money by flipping papers and creating bubbles.
Sadly, these guys don't do manufacturing--it's too hard a buck. So we begin to sink into a weird world of credit default swaps, sub-prime mortgages and hedge funds. And not even (Larry Summers) can put our humpty-dumpty, old empire back together again.
Get used to it, boys, we're heading toward 2nd tierdom-hopefully we'll become a caring nation.
Subscribe to:
Post Comments (Atom)
1 comment:
totally brill!
Post a Comment