Look at it this way, everyone loans everyone money, we’re a service economy and the only way we could continue doing business is to buy more stuff, consumerism at its best.   It’s not working, we’re seeing the gears grind down to a halt.  American Express has began to cut spending limits for its customers and/or deny paying items because they don’t even have funds to pay their employees (supposedly).  When I have a 30mil. hedge fund manger tell me today that we’re at the end of the beginning and it’s only going to get worse, I have to stop and pause.  What our government has been doing has only been keeping the ship a float by lying to us. 

Our ship is sinking.

Tags: depression, economy, repression
Posted in Life, Politics | No Comments »

This entry was posted on Thursday, October 9th, 2008 at 6:58 pm and is filed under Life, Politics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.