United States Economy Caught in the Jaws of Death, Housing Market Mantra

Sunday, September 19, 2010
By Paul Martin

By: Gordon T Long
Market Oracle
Sep 19, 2010

The United States is facing both a structural and demand problem – it is not the cyclical recessionary business cycle or the fallout of a credit supply crisis which the Washington spin would have you believe.

It is my opinion that the Washington political machine is being forced to take this position, because it simply does not know what to do about the real dilemma associated with the implications of the massive structural debt and deficits facing the US. This is a politically dangerous predicament because the reality is we are on the cusp of an imminent and significant collapse in the standard of living for most Americans.

The Rest…HERE

Leave a Reply

Support Revolution Radio