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Sunday, March 15, 2009

economic war

Warren Buffet use the phrase "economic war" to explain our economic crisis. Actually, this is a lot closer to the truth than you think. Certain elements of society are crushing the stock market. This helps explain the rapid fall that has taken place where in a few months it lost 50% of its value.

However, although warren is right, economic war is not the only problem. The fact is that our economic woes come from over spending and under producing. The US produces very little because our factories were shut down and move to Red China. Therefore we owe the Chinese a lot of money for those plastic toys they send us.

In this economic war Red China has destroyed the mighty United States and left a devastation of empty factories and warehouses. It is nothing less than a financial Pearl Harbor.

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