Wake-Up Call - 01/03/11

America’s Foolish Past Augurs Ill For Its Future
Thirty years of borrowing recklessly have brought America to the edge of the precipice. Yet Americans are still oblivious. Much of the rest of the world has followed suit and become infected with the same financial horror. The Fed attempts unsuccessfully to stave off the consequences. This exacerbates the problem. The depression to be much more devastating than that of the 30s.