|
Anyone in power of a Western Nation is facing a lot of problems. For decades the West has grown fat and lazy. Exported jobs, imported crap and believed retail and banking would support a life style they were not earning.
With the collapse of the banks the shit hit the fan.
If you think the emerging nations, the places we keep buying from, are going to trust the Wests banks again you take a risk with your future and your childrens futures. And if the banks move to the emerging nation because they offer a better deal, then times will get worse.
Only time will tell if Obama is the worse ever.
|