Not to make excuses for Obama he can speak for himself, but so many people are missing
the big picture. The United States began its decline when Reagan started deregulation and
it has got worse. The trade deals that destabilized the industrial base of the country was
another factor. America is a leader in consumer buying, and not industrial output to match
it. The problems were created not by Obama, but by George Bush and before that Bill Clinton.
Trade deals were not done with any measure of conditions or restrictions and Multi and Trans
National Corporation took advantage of the situation. These companies are loyal to no one
only their profit margin there is no such thing as doing the right thing. That is just the beginning.
Before Obama you had the major financial companies behaving so badly they should have
been prosecuted in criminal courts. They not only destabilized the industrial complex they took
out the financial stability of the nation itself for nothing more than their own greed.
Couple this with Europe on the brink, by adopting the same irresponsible financial procedures
as America and before that Japan. There is another country that mismanaged their economy
right into a major permanent down turn. If Europe falters it will take out some of the financial
institutions in America as well.
Don't even think about Asia being financially healthy, they are in trouble in China its a creeping
disaster that has been under the radar until recently, There is a major housing crisis coming
that will make history around the world. There are over 64 million apartments vacant in China
and shopping centers with no stores in them. In fact, China has built a number of cities
capable of accommodating over a million people, but no one lives there. It should also be noted
China built these cities on prime farmland.
Add all these things into the backdrop of individual debt in North America that has never been
seen before. Obama has not helped himself but the problem is much bigger than one man
or country and all of this reflects directly on the Economy that is shrinking faster than anyone
can print more money to save it inflated dollars.
the big picture. The United States began its decline when Reagan started deregulation and
it has got worse. The trade deals that destabilized the industrial base of the country was
another factor. America is a leader in consumer buying, and not industrial output to match
it. The problems were created not by Obama, but by George Bush and before that Bill Clinton.
Trade deals were not done with any measure of conditions or restrictions and Multi and Trans
National Corporation took advantage of the situation. These companies are loyal to no one
only their profit margin there is no such thing as doing the right thing. That is just the beginning.
Before Obama you had the major financial companies behaving so badly they should have
been prosecuted in criminal courts. They not only destabilized the industrial complex they took
out the financial stability of the nation itself for nothing more than their own greed.
Couple this with Europe on the brink, by adopting the same irresponsible financial procedures
as America and before that Japan. There is another country that mismanaged their economy
right into a major permanent down turn. If Europe falters it will take out some of the financial
institutions in America as well.
Don't even think about Asia being financially healthy, they are in trouble in China its a creeping
disaster that has been under the radar until recently, There is a major housing crisis coming
that will make history around the world. There are over 64 million apartments vacant in China
and shopping centers with no stores in them. In fact, China has built a number of cities
capable of accommodating over a million people, but no one lives there. It should also be noted
China built these cities on prime farmland.
Add all these things into the backdrop of individual debt in North America that has never been
seen before. Obama has not helped himself but the problem is much bigger than one man
or country and all of this reflects directly on the Economy that is shrinking faster than anyone
can print more money to save it inflated dollars.
