One interesting thing that I am seeing is that the Chinese economy doesn't seem to be as reliant on US economic performance as I thought.
Latin America appears to be stabilizing and so are some European economies (Germany).
The thing that troubles me is that the US got caught in a liar's game, and I don't think their pain is over. The problem with that is that I don't trust the "ethical fabric" of the US corporatocracy for the most part, and I am concerned over what other desperate maneuvers/tactics might get trotted out. When a liar gets caught, he usually doesn't reform overnight - his lies usually get worse...
Fortunately, Obama seems to not be shy about government spending or focusing on the problems at home. He has kept protectionary measures to a minimum, and it sounds like the restructuring of GM and Chrysler will be significant. I don't mind the government getting involved like this. I definitely prefer it over propping up the economy with war.
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Quote:
Originally Posted by Biff
If the NHL ever needs an enema, Edmonton is where they'll insert it.
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