Interest Rates: The Era Of Cheap Credit Is Over

The world needs the American consumer. No other culture on earth would allow itself to go bankrupt accumulating Fred Flintstone Chia Pets like Americans.



Without jobs, without cheap credit, there is no American Consumer.



Maybe the US Government or the IMF should just start cutting all of us weekly checks to keep us spending on crap we never needed in the first place, otherwise the Anglo/American vision of a global economy is done for.
Read the Article at HuffingtonPost