The Coming Financial Implosion, What to Do
I'm sure that everyone here has read the story in the Boston Herald (gack) via Atrios about recent remarks made in a speech by Morgan Stanley Chief Economist Stephen Roach.
If not, here is, roughly, what he said:
An economic Armageddon is approaching and the country has a ten percent chance of passing through unscathed.
The biggest problems are absolutely apparent to any casual observer of our nation's economic predicament: 1) Government spending, 2) Government debt and 3) Consumer debt.
Debt, spending, debt, spending, debt.
He forgot the oil -- law
BBC NEWS | Business | Is the world's oil running out fast?
When everything seems like the movies
Yeah you BLOG bleed just to know you'r alive