Letters to the Editor
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None of this matters
Whoever is President will be faced with problems allowing only one solution, the equivalent of an economic 9/11. Not to say that the post 9/11 world had to be way it was, but considering the weakness in the political players, the woefully uneducated and reptile brained American public, and a whole stockpile of military hardware, it had to come down that way. Most of the same solutions apply to the economic challenges, we aren't going to sit on our hands the way we did in 1930. We have the printing press, and the new government/private financial (what Jim Willie calls the Mussolini Fascist Business Model) juggernaut is ready to do handstands and tricks you and I can only imagine, like freezing foreign assets, manipulating stock market indexes, the money supply, including intervening in futures markets to move commmodities (I read recently that the volume of trading in many of these commodities far exceeds the ability of the market to deliver on the contracts).
Economics is all detacted from reality, and America will not go quietly into that good night, and surrender her power as the global financial center of the world.
Or why is Goldman Sachs Obamas number one contributor?