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Home Front Economy
The known unknowns of the economic crisis
2009-01-10
Posted by:tipper

#3  As long as I'm an American, I'll feel rich.
Posted by: Grolush Darling of the Hatfields3195   2009-01-10 15:47  

#2  Which great power will recover more quickly? Neither. China's toast. It's economy is based on exports and industrial growth. Exports will drop and they already have too many factories. Environmental destruction is costing output, productivity and lives. A political clampdown will be necessary and that will further depress the economy. The U.S. has decided to pursue a Keynesian neo-socialist policies. The country will stagnate until it reverses course.
Which weak state will implode? Pakistan. Zimbabwe. Who cares? Bigger problem is what happens to the EU as Greece and Spain crumble.
Which petrostate will get desperate? Venezuela. Chavez already sees the handwriting on the wall and is pushing for a lifetime Presidency. He won't be able to get it legally. What will the military do?
Posted by: DoDo   2009-01-10 12:42  

#1  So I take it we know that we don't know we know this? Or do we know we don't know this?
Posted by: tu3031   2009-01-10 11:30  

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