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View Full Version : "History doesn't repeat itself - or does it?"


Skybird
04-29-09, 02:38 PM
A long, thorough Spiegel essay on the outlook and implicit dangers of the current economic crisis. Not a pleasant view. I do not know how to do it any better, but the enormous rise of debts by Obama in order to "fight" the crisis holds it's own critical risk. These now worry me as much as the crisis itself so far.

http://www.spiegel.de/international/world/0,1518,druck-621979,00.html

The next 40 years will nort become as pleasant as the past 40.