Wednesday, July 23, 2008

The Unravelling System

Read an interesting article today at http://finance.yahoo.com/bankingbudgeting/article/105427/Uncomfortable-Answers-to-Questions-on-the-Economy
and just wish to share it. Looks like the situation is going to get a lot worse than it is being pictured. In fact with the banking sector in a mess and more revelations to come, i venture to say that this signals the meltdown of the capitalist economic model and the unravelling of the current world order as we know it. And in times of trouble, lash out at the bogeyman, real or unimagined and Iran fits the bill to a tee. Shades of a massive war on the horizon.....sounds not very comforting, isn't it?.

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