Tuesday, January 29, 2008

US Recession the Result of Decline in middleclass wages

1 comments:

Epinoia said...

As Mike Rivero has stated again and again, the USA doesn't have a liquidity crisis. It has a solvency crisis.

When a country/nation is running trade deficits, the only way the rich can get richer is to prey upon the lower and middle classes in their own country. And this is precisely what has happened.