As the week ended I was busy trying to understand just what had happened to the stock market last week. The paper I had bought had a relatively short article on the inside pages of the Business section. A buried story, for sure, but at least it was there.
My main source (Aftershock Publishing) reports China is either near or already in recession. This is not exactly surprising news given the lead-up to the recent down-turn there. It is also reported, though, that the U.S. can control the damage. I believe that is likely so in the short term. Down the road things get more difficult as we, too, are having a certain crisis, though the corporate media doesn't call it that.
I plan to have more facts and figures soon. Please join me here.
My main source (Aftershock Publishing) reports China is either near or already in recession. This is not exactly surprising news given the lead-up to the recent down-turn there. It is also reported, though, that the U.S. can control the damage. I believe that is likely so in the short term. Down the road things get more difficult as we, too, are having a certain crisis, though the corporate media doesn't call it that.
I plan to have more facts and figures soon. Please join me here.
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