September, 2011

05 Sep

No One Knows What To Do

By Walter | 1 comment

1

Last week, reporting on the latest meeting of the US Federal Reserve Bank, NY Times reporter, Catherine Rampell, opened her story with this line: “No one knows what to do to fix the economy.”

How frightening is that? The US and the rest of the world are being sucked into a vortex of political, economic and social chaos and no one knows what to do!

In his NY Times column this morning, the liberal Nobel economist, Paul Krugman, noted that

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