[news] US Economic Collapse Progressing Nicely

[Mostly Water - "Canadian" and International alternative news feed]

November 8, 2007 | By MIKE WHITNEY | Counter Punch

America is finished, washed up, kaput. Foreign investors and central banks around the world have lost confidence in US markets and are headed for the exits. The dollar is sinking, the country is insolvent, and its leaders are barking mad. That's bad for business. Investors are voting with their feet. They've had enough. Capital is flowing to China and the Far East in a torrent. It's "sayonara" downtown Manhattan and"Hello" Tiananmen Square.

  


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    [1]: http://mostlywater.org/us_economic_collapse_progressing_nicely

URL: http://mostlywater.org/us_economic_collapse_progressing_nicely