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Reply #27: Economic Meltdown -- Sorry, but We’re Toast [View All]

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dsnail Donating Member (54 posts) Send PM | Profile | Ignore Wed Mar-23-05 01:56 AM
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27. Economic Meltdown -- Sorry, but We’re Toast
A related article on this matter. Not happy reading though:

"Don’t look now, but Bush’s house-of-cards economy is about to come crashing to earth. Just yesterday the Commerce Department announced that the trade deficit soared to an all time high of $665 billion in 2004 -- a whopping 25% increase from the previous year. America’s gluttonous appetite for cheap foreign goods and its inability to produce more of what it consumes is quickening the country’s inevitable day of reckoning. Despite the rosy projections from the Bush clan and their friends in the media, the probability of an economic meltdown becomes more likely every day...."

http://www.dissidentvoice.org/Mar05/Whitney0317.htm
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