Tuesday, November 9, 2010

"Is the American Dream Over?"

By Steve McCann

"A major topic of conversation within the corridors of power in Europe and Asia is the decline and potential end of the United States as a major global economic power. This is in part a reaction to the desperate and foolhardy monetary policies of the Federal Reserve, trying as they are to mitigate the effect of enormous national debt and a restructured economy bequeathed to the American people by the "progressives" in the governing class over the past fifty years. But it is also a realization of what will happen to the global economic structure if the United States does not regain its previous world standing."

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