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Phil A
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America Becoming a Third World Country

- Eric de Carbonnel - Market Skeptics

In the UK all we are told about America is that it is leading the way to recovery. After reading the whole of Mr Carbonnels article it is plainly clear that No recovery is taking place and what is truly worrying is the old saying that "what happens in the USA , happens in the UK." As for Mr Geitners footnote!! Well Words just fail me.

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Beginning of the headline :Business Insider reports that Nearly Half Of Detroiters Can’t Read. Detroit was once the symbol of American wealth and industrial capacity. It is now everybody’s emblem of decline. The data about Detroit grow more depressing by the month. This report may be the most depressing thing you’ll read all year... Read More

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