nakedempire


The American Empire in a Changing World



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Monday, December 3, 2012

''U.S. Share Of World GDP Has Fallen 32% Since 2001''

sucks having the reserve currency, dont it?....................From ECOMINOES

''In the best blog post I've read in months, Mark McHugh of Across the Street outlines America's economic decline--in both real terms and relative to the rest of the world--since we entered this depression over a decade ago when Greenspan's tech bubble burst. The moral of the story? Printing money doesn't lead to prosperity. On the contrary, it prolongs and exacerbates economic malaise.''

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