After the Great Crash of 2008

Note these comments in the American and European press: “Almost Financial Armageddon”; “Economic Pearl Harbor”; “Apocalypse–Now?”; “U.S. System Is Collapsing”; “US will lose its status as the Superpower”; “Attack on America from within”; and “American capitalism has created its own suicide bomber.” WHY are we in such deep financial trouble? And let us not naively assume that our current or future political leaders will rescue us and bring us back to financial prosperity!