Neither the mainstream media or the leaders of the the Western world have a clue about anything! The globalized, free-trade economy is collapsing around their tiny heads, and they are blowing smoke about "green shoots" or the famous "light at the end of the tunnel." When they start talking about the "light at the end of the tunnel," you know things are pretty bad.
They can blow smoke all they want, but since 60 percent of the European market and 70 percent of the American market is supported by the wages of ordinary workers, and they are using "free trade" to turn ordinary people into paupers, we are looking at a full-blown depression. I see no prospect of a New Deal or Great Society out there to save capitalism this time.
Pervis James Casey
Nov 5 2009 - 4:01pm