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Sunday, May 09, 2010

ALL ROADS LEAD TO HELL III

ALL ROADS LEAD TO HELL  III


As I said back in February  of 2009, at the on set of bail out fever and break out of promises that a recovery was impossible,I could not have been more right. Today any chance of recovery is even more remote. Talk about a "Perfect Storm". Every possible chance of a recovery, global or US is thwarted by some new reality.

From the start there has never been a chance of any recovery, and now with the Icelandic default, the Greece problem and the volcano's effect on European and global trade  a recovery seems even more remote. Then we have the rosy scenario of the " employment picture"  which accepts the ten percent unemployment as the new standard, the ten percent is still a lie to keep the masses ignorant.

We did not need more problems, but there it is, I have predicted a forty percent unemployment rate as the new standard and I am sticking by it. Then do we still need more Mexicans here? 

But what I want to talk about is the oil spill and its effect on the future near and far on the US economy and the future of our standard of living.









LIFE IS A GAME OF CONNECT THE DOTS, IF YOU DON'T CONNECT ALL THE DOTS OR DON'T CONNECT THEM IN THE RIGHT ORDER YOU NEVER GET THE PICTURE

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