Loading ...Its actually the second eye-wall of a financial “storm” with a 100 year diameter that started coming up the coast after 1971, and made “land fall” in the summer of 2008.
The bailouts and low rates has us in the 7 year diameter of the “eye” of the storm and the second eyewall is will hit. After that blast? 40-50 good years for the USA.
Re part:
“If policymakers fail to mitigate the negative impacts of unchecked global market forces, then a turn to protectionism could trigger a vicious downward spiral for everyone,” it said.
Comment: The above sentence is wishful thinking. That spiral already started. “It” is the mass media, 4th branch of the gov’t. Which is also on the chopping block.