Experts: Expect the Worst for the Economy

08/06/2009 • Newsmax

NEW WORLD ORDER ALERT! Is the U.S. economy now in the eye of a hurricane about to be hit again with still fiercer winds? Another humongous credit crunch and major social dislocations are predicted as millions of jobs fail to come back. In his projections through 2025, Thomas Fingar, the former chief analyst for the 100,000-strong U.S. Intelligence Community, which includes 16 agencies with a budget of $50 billion, predicted the international system would be transformed over the next 15 years as dramatically as it was after World War II. As China rises to global prominence, the United States would be declining. "In terms of size, speed, and directional flow," wrote Fingar, "the transfer of wealth and economic power now under way — from West to East — is without precedent in human history." Following Fingar's analysis, former Deputy Treasury Secretary Robert Altman wrote in Foreign Affairs, the official organ of the Council on Foreign Relations, that the curr

2 Comments in Response to Experts: Expect the Worst for the Economy

Comment by William1950

Entered on: 8/7/2009 7:57:53 AM

ASINGLE CANIDATE, A SINGLE VOTE CAN CHANGE THIS. YOU ARE THE KEY IN STOPPING THIS CHANGE IN WEALTH.

IN OTHER WORDS, STAND UP NOW OR KNEEL TO YOU MASTERS IN THE NEXT TEN YEARS.

CASEY

middleamerican2010

Comment by foundZero

Entered on: 8/7/2009 12:27:27 AM

So I think one of these anynymous tycoons must have been Warren Buffet. Not sure about the other one. Not that these anonymous tips do us, who have been predicting instability for as long or longer, any good. Nor do hole-in-the-dead suppositions that Guld arabs would be "delighted" to see Iran bombed.

What a bunch of drivel-dribbling jokers these "jouralists".

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