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Replying to:

> Collapse of U.S. Economy Imminent

21 January 2006 22:55
I don’t doubt that the credit economy can keep going for some time....the question is how long? The longer it goes on, the worse the economic fundamentals will get, and the worse and harder to avoid will be the fall. If you want to read some serious economic discussion of this, try reading Bonner and Wiggin’s best-selling book "Empire of Debt: The Rise of an Epic Financial Crsis". (That is, if you can find a copy....last I heard Amazon was sold out.) It is a serious discussion by real economists, and is recommended reading by some of the leading economic journals. If found (...)


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