Interesting Post from "Charting Stocks - A Technical Analysis Blog":
“The US government is on a ‘burning platform’ of unsustainable policies and practices with fiscal deficits, chronic healthcare underfunding, immigration and overseas military commitments threatening a crisis if action is not taken soon.
..These include “dramatic” tax rises, slashed government services and the large-scale dumping by foreign governments of holdings of US debt.”
-David Walker, Comptroller General of the United States, 2007
Who knows what will happen, really- and I wonder: why do I care??? I am in already-economically depressed Berlin, riding on a wave od 16-17% unemployment, happy and unburdened by things getting signifigantly worse... Vern: just in case you can stay with us.
Labels: Stock Market Crash 2007 Charting Stocks A Technical Analysis Blog
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