I for one think the United States is in great shape financially and eclcimonaloy.Today you are seeing the global, world, reaction to a credit crisis.Let's look at China, the economy built on manufacturing. Real Estate prices have gone much higher in metropolitain areas than that wage force could ever afford. I was in Barcelona this year and Real Estate prices there have tripled in ten years with forty year mortgages. Barcelona is trying to find an economy, they are pushing to be the fore front of the digital economy in Spain, whatever that means. The United States by comparison to the rest of the world is fairly stable. We do have things called the FDIC, whatever that means, OK I know what it means.We have the strongest economy, the most ability to recoup loss, or to make money out of nothing.Without this blog none of this would register with me. This is just information that I don't see it in the main stream press. Rate this comment: 0 0
by Enes 05:35:43 AM 2012.11.03 |