The McLaughlin Group - Is this the worst financial crisis since the Great Depression?
What's bad for the U.S. economy is not necessarily bad for the rest of the world. The current international economic structure is so unjust as to be absurd. Working people throughout the world slaving away to produce throwaway products for United Statesians, who produce little in return, while their central banks bankroll United Statesian deficits largely comprising military spending on wars and an international network of bases that the rest of the world hates and resents? The invisible hand, and its lesser known counterpart the visible hand of powerful governments, must surely be attached to an imbecile. If only it were time for the few who profit from this state of affairs to open the window and hop over the ledge.
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