American Economy on the Brink of Collapse

Charles Shaw
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If you are trying to make sense of what’s going on with our economy and all this talk of economic collapse, this two-part series Scott Thill wrote for Alternet really lays it out in language we all can understand. It also links to a lot of great source material. I recommend reading part two first, then going back to part one.

How Bad Will the Next Recession Be? (pt.II)

The Crash of 1929: Are We on the Verge of a Repeat? (pt.I)

Knowledge is power.

 

 

Comments

Out on a limb...

Submitted by Neon Light on Sat, 10/27/2007 - 14:55.

Great pair of articles, along with the linked report warning that the eco-crisis could be on the same plane as a nuclear war. Chilling stuff!

But back to the main thrust of the article... Could Putin and his Russian faithful, now on their ascendancy, be witnessing the decline of the United States of America?

 

Other Links

Submitted by sidecross on Sun, 10/28/2007 - 08:43.

For those who found those links of interest here are a few more I would suggest.

http://www.truthout.org/docs_2006/100307H.shtml http://www.alternet.org/module/printversion/60086 http://www.guardian.co.uk/imf/story/0,,2196604,00.html  

Between the idea
And the reality
Between the motion
And the act
Falls the Shadow

T. S. Eliot

Thanks for the links to the

Submitted by dna on Sun, 10/28/2007 - 15:58.

Thanks for the links to the interesting articles.

The bellicosity in the middle east are really about trying to defend the american way of life by propping it up with cheap oil. So the goodies will flow back to america again, but only to people who turn a blind eye to crimes comitted in Iraq and elsewhere to preserve this lifestyle. You will be swamped by so many poor immigrants from south America and Mexico, that you will be grateful for your relative wealth.

FEMA and Blackwater will take care of the rest of you.

Dna.

The Automobile

Submitted by sidecross on Fri, 11/02/2007 - 11:44.

"...There are nine personal vehicles per thousand eligible drivers in China and eleven for every thousand Indians, compared with 1,148 for every thousand Americans."

http://www.newyorker.com/arts/critics/books/2007/11/05/071105crbo_books_kolbert  

 

Between the idea
And the reality
Between the motion
And the act
Falls the Shadow

T. S. Eliot