[WS:] "The markets" are already doing quite well, Dow Jones is 11,760 as I write - almost up to the pre-recession level. It is the unemployment and cost of living increases that still suck. Is he predicting a "surprise" in the latter?
Wojtek
On Wed, Jan 12, 2011 at 1:56 PM, Doug Henwood <dhenwood at panix.com> wrote:
>
> On Jan 12, 2011, at 1:26 PM, dredmond at efn.org wrote:
>
> > It's simpler than that. The Empire we Americans were forced to live in
> > (none of us had any choice in the matter) is committing suicide. Basic
> > math: $14 trillion bankster bailout + $1 trillion annual bombster bailout
> > + 2 failed and criminal colonial wars = 1 burned-out wreck of a former
> > superpower.
>
> So Jim McNeil, the Goldman Sachs economist who coined the term "BRICs,"
> says the U.S. is going to surprise everyone this year by doing rather well.
> We'll see, won't we?
>
> Doug
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