Quote from southamerica:
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February 23, 2010
SouthAmerica: I agree 100 percent with Buffet's partner: It's over for the U.S. economy.
For you to understand why I would recommend that the members of this forum (from any political party or ideology) get the following book, because the author gives an outstanding explanation and detail information about what happened in the US financial markets that ended up in a global financial meltdown.
After reading this book you will have a much better understanding about what is going on with the US economy today, how we got to this point and the massive trouble that lies ahead of us.
Book: âIt Takes a Pillageâ by Nomi Prins
(Published in October 2009 by John Wiley & Sons Inc.)
Yes, the party is over and the future of the US economy can be summarized in one word: âTitanicâ
Or if you canât grasp what I am saying then I give you another clue about the future of the US economic system: Soviet Union.
We all know what happened to the Soviet Unionâ¦.
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By the way, I still have the second half of the book to read, but what I read so far if Americans were aware of all the financial scams that Hank Paulson was involved as Treasury Secretary then the American people would demand that this scam artist have the same end as Saddam Hussein - a national television prime time hanging is what this guy deserves and nothing less.
The scam artist actions that Hank Paulson took as Treasury Secretary during the US financial meltdown makes Bernie Madoff look like an amateur...
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