Little hints are popping up everywhere. Almost every major country in the world is suffering from inflation. The economy of the world and the U.S. is starting to sour. Normally when things go bad it is attributed to just one component of the economy, but the current mess seems unique. Americans have been spending 103 percent of what they make. To do this they have borrowed from their homes. Now the chickens are coming home to roost. Add the oil problem to the food, and inflation problem, and you have no simple way out. On a worldwide basis the problem stems from the same thing. All the money has gone to the top. Some would argue that is what brought on the depression of 1929. To get things going money had to be put back in the hands of the common people. Bush and his tax structure have made the situation as bad as it could possibly be. Based on Lord Kadizzles reading, the next major set of economic figures are going to be shockers. One thing that has been reported is that teenagers have quit spending. Imagine that. Has there ever been a recession before when the young felt it? It is going to take a little time for gas prices to trickle through the supply chain and effect everything in a bad way. The world is going to be fighting over resources. The saddest thing is that we have had the most do nothing president ever. Bush has done nothing positive for eight years, and certainly has done plenty in the wrong direction. We are going to pay in a bad way for his lack of leadership. I hope I am wrong, for once it would make me delighted.
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