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Friday, February 1, 2008

THAT COUNTRY NEEDS A LITHIUM, MANIC SPENDING LEADS TO RECESSIVE MOOD

continued from Nabweekly.ca


An article published January 22, 2008 in CNN.Money states the economic crisis is spreading making investors sceptical with the housing and credit market as the U.S. starts deteriorating.

Bush's plan to improve the economy came on Monday in a speech which includes a Congress approved $145 billion dollar tax relief to encourage consumer spending. The world markets weren't impressed as they fell sharply following his proposal with Wall Street plunging right behind.

With economists disagreeing if whether we're in a global recession (along with climate change and every other denial) with Merrill Lynch chief economist stating that we're already in one to the Lehman Brothers saying they don't expect one, the economy is slowing down even faster.

This is certain the U.S. is in a deep economic slowdown that will affect millions of people spreading outwards into a domino effect as it already did last week, feeling the effects of Wall Street decline along with Europe, Asia and Canada. The Heng Sung suffered it's biggest loss last week since 9/11.

Manic spending habits in the U.S. in the past six years drove the American economy into spendaholics (panic spending) as the world watched the housing on the rise and job security at it's best and for a brief time, looked promising, but it wasn't soon after many saw what may have been for seen.

If the government was better informed on health care they would learn the panic times brings manic and manic causes crashes. As the housing market declines and job opportunities deteriorate, the American economy could very possibly send us into a global recession, one that everyone may start to feel soon as the world suffers from a slow down in the American dream.

As more jobs are being created and offered in other parts of the world at cheaper expense and lightening speed technology, resumes have now expanded.

As far as the debate goes who will run for Presidency in the democratic race, the question really is…

With a decline in investors and a potential recession, where will the money come from to keep the promises they want to keep?

If they spent years reforming their health care prior desperately recognizing the need of it as Americans were not mentally prepared for an attack, in the aftermath if Bush didn't steal the money away for useless spending and an unnecessary war, maybe their nation of "MANIC" spenders would have been avoided.

Instead of a sharp increase of economic spending with a sharp fall, it could have been gradual with a continual steady mood of a rational outcome.

Could it be time for the U.S. to take a Lithium and stop encouraging their citizens to spin out of control, educating them instead of leading them astray. With Bush encouraging everyone to spend after 9/11 and they did, he never relayed the future economics of this big Bipolar episode that the U.S. was about to go through.


Downfall after a typical manic/depressive episode can be the worst time of personal demise,

Let's just hope this manic/depressive episode doesn't happen on a global basis.


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