Thursday, November 19, 2009

The real cause of the financial crash

"A well-known banking analyst says greed didn't cause the problem. Our reliance on China did."

http://articles.moneycentral.msn.com/Investing/top-stocks/blog.aspx?post=1391259&_blg=1,1391259

This is exactly what Peter Schiff has been saying.  The U.S. does not PRODUCE anything, we just send our money overseas to buy stuff we USE to produce.

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