[Cringing Negativism Network]

I know, a liberal actress on SNL said it. :D

That was my point.

I’m a confirmed Sarahbot.

(on loan to team Gingrich)

[ponder life]

Just as a side note, if you look across the developed world, the US is still healthier than the other developed nations. Exceptions, of course, are Canada and Australia, which are benefiting from a commodities boom.

However, when one looks at Europe and Japan, the US economy is doing much better. Unemployment in some European countries are around 20%. And Japan is starting to experience deflation.

While the next 10 years, maybe more, will be tough going, I do not believe it is the end of US or Europe or Japan economic development or progress. What is happening, is the established countries are having to deal with the rising BRICSS countries. With China being the most significant of the bunch.

As I mentioned many times before, I do not believe trade is a zero sum game. I just don't see it.