Saturday, October 10, 2009
economic woe
Expectations of expansion & recovery ignore a basic reality. That is that we are still sinking into our mire. Like a horse that is stuck in quicksand we struggle harder than ever. Well, we are not getting out but continue to sink ever in a downward direction. Saudi decision to move form dollars to euros has hit our economy like a sledge hammer. What hit our economy was nothing less than a financial tsunami.
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