Bush’s Chernobyl Economy; hard times are on the way

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Bush’s Chernobyl Economy; hard times are on the way
By Mike Whitney

11/08/06 “Information Clearing House” — In the next few months, a financial crisis will arise somewhere in the world which will jolt the American economy and trigger a swift and precipitous decline in the value of the dollar.

This is not speculation; it will happen and there is nothing that the Bush administration can do to stop it.

All of the traditional supports for the dollar have been removed by the shrinking economy, a massive $800 billion account deficit, dramatic increases in the money supply, and the reckless manipulation of interest rates.

Now, the noose is tightening. Continue reading at Link – Information Clearing House

Economy , Current Events

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