Saturday, Jul 25th
Last update08:17:07 AM GMT
One year after the near collapse of the global financial system, this much is clear: The financial world as we knew it is over, and something new is rising from its ashes. Historians will look to September 2008 as a watershed for the U.S. economy.
TVNL Comment: Keeping consumers in constant debt is the strategy that feeds capitalism as we know it. Don't kid yourself. The cycle will crawl back and debt will rule once again.
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