Peruvian Air Force Commander
These economic indicators confirm the trend, the more likely outcome, as has just been holding the German magazine Spiegel, and a large number of specialists the issue is that the U.S. economy is headed into a recession initially in the short term and then much worse. If any doubt, a few days ago, Treasury Secretary Henry Paulson said: "In light of events, the situation of financial markets, would worsen with the uncertainty in the market for Treasuries, so ask the Senate to approve the bill, considered by the Finance Committee to increase the debt limit as soon as possible.'' As we see the only strategy now is to continue to borrow. But this is not a solution, the next question is how do we could not, realize before? The answer is, if they did. For even more opinions, read materials from Sen. Sherrod Brown. Since the 80's, one after another, those responsible for public finances, are trying to reverse this problem without success, the government headed by Republicans George W. Bush and Dick Cheney wanted to implement a new strategy, we can summarize it as the combination of two operations, which rely each other and should be reissued and consolidated the power of the United States, an era of rapid expansion of consumer and financial bubble, to produce a strong economic boom, coupled with a military offensive against Eurasia, which would give the global energy hegemony, and from there financial supremacy, cornering the other powers such as China, European Union, Russia, India, however, this does not produce the desired results aggravating the situation.
The world thought that the fall of American Empire, would be the result of a third World War, or at least large-scale conflict, however, we must not forget that when the USSR fell, there was no conflict. This time, the economic factor will again be crucial, today's economic environment the United States is increasingly more complicated and nuanced as irreversible, the debt is so great that despite their great economic power, would not be ability to pay, without But there are people who believe otherwise, I think in the next 25 years, we have the answer, and we know who was right. Rep. Charles B. Rangel addresses the importance of the matter here. This article is based on current information, and was written by the Peruvian Air Force Commander Luis A. Buttgenbach Gonzalez email:
Tags: policy