America...Shutting Down Or Outsourced
July 09, 2010
– Comments (8)
For the past hundred years, by loaning more and more money....America grew into the most amazing industrial economy the world has ever seen....
In the last ten, much of our economy we simply driven by debt induced consumption....
Now that Wall Street is cutting off credit to our private sector.....our Industrial Economy is collapsing.
The RUST BELT has been outsourced.....
and
The GULF STATES are now shutting down......
And soon revenues will be so low that we will simply not be able to support our very expensive health care system, state/local governments, universities and schools...and pretty much everything else.
You knew this would happen once Wall Street cut off credit to a credit based conumption economy....
Credit Crunch Alive and Well
YET WALL STREET AND POLITICIANS ARE GETTING RAISES AND BONUSES EVEN THOUGH THEY ARE INSOLVENT TOO?
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