US Economy Shaky
Cars Are Selling like Hotcakes Because Lenders Are Doing the Same Thing They Did with Mortgages, Giving Things Away and Encouraging More and More Indebtedness. This is an Economy Built on Vapors
Bad credit. Hey no down payment.
Banks? Hey we have money we'll loan it to you.
And best of all -- Wall street is bundling vapor products again.
And best of the best of all people are calling this a return to health. A recovery.
A credit economy based on oil and automobiles is just about the worst long term recipe I can imagine.
But then again I believe in things like global warming, sustainability and am against being in debt.
And I am a lousy consumer.
With those creds, is it OK to be proud to be an American regardless?
US Economy Continues To Build on Shaky Legs.
Published by Stephen C. Rose
Founder Editor Renewal Magazine, Chicago. World Council of Churches, Geneva Editor RISK. Albert Schweitzer Center, MA. UNICEF DOC NY, UNDP NY. Editor Choices. View profile
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