[Leatherneck_MT]

and we continue to hook our economic wagon to the global horse why?

I must admit that I don't understand global economies

But I'm also not dumb enough to believe that doing this without a solid local economy behind us is an intelligent thing to do.

[bruinbirdman]

"and we continue to hook our economic wagon to the global horse why? "

"An article in Washington's journal International Economy – which had White House fingerprints all over it – said Mr Paulson's fear is that a "significant Chinese recession" that would spill over into the rest of the world."

Is this what Greenspan had in mind when he warned, about two weeks ago, of eminent recession?

yitbos