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The Crash Of ‘09 - The Collapse Of ‘10

April 24th, 2009
Categories: News

Link: http://pakalert.wordpress.com/2009/04/08/a-must-read-the-crash-of-09-the-collapse-of-10/

My dear Muhammad Ali - I told you that it’s a funny world getting funnier. Many American analysts are saying that America’s real economic collapse could come by the end of this year. “It will come to known as The Crash of 09,” they say. Others, especially a Russian political analyst, are predicting its physical collapse too. There’s no doubt that the country is up the dirtiest of imaginable creeks without a paddle. But what’s amazing is that America remains mired in stunning denial, continuing to make bad situations worse with useless bailout plans and messing around with the world instead of facing up to the reality that its time as a hyper-power is up, that’s its economic system has failed and that its only recourse is to end its adversarial doctrine and get out of its lost wars as painlessly and honorably as possible. There’s no point in going on flogging dead horses. The only sensible thing that survival demands is to craft a new moral economic and financial system and a moral foreign policy.

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