Obama's permanent depression

bama's permanent depression
The toxic cocktail of fiscal stimulus combined with near-zero interest rates in the United States allows financial institutions to profit while further depressing the productive economy. The resulting deteriorating jobs market is now instilling panic in Barack Obama's White House. The parallels with Japan in 1989 are uncanny. Japan, though, had one advantage: it knew how to export. - Spengler

http://www.atimes.com/atimes/Global_Economy/KJ06Dj04.html