Economic doomsaying is not my preference. But these headlines offer an inkling of what may be possible if courageous political, diplomatic and economic decisions are not forthcoming in the months ahead....
Fed Lowers Interest Rates to 4.3%
The U.S. Dollar Falls to record lows against the Yen and Euro
U.S. Housing Sales Plummet in in Key Markets Across the United States
Holiday Shopping and Spending Worries Key Retailers
Housing Foreclosures Peak Across Key U.S. Cities
Builders Slash Housing Projects by 30.1 Percent,
Economic Growth Stagnates to 1.5%
Fed Lowers Long Term Interest Rates to 4.1%
Russia Resumes Construction of Iranian Nuclear Plants
Putin Warns that Strikes Against Iran would Adversely Affect Euro Energy Supply
House Majority Leader Announces the U.S. is in Recession
Inflation Index Rises by 3.5%
Air Travel Prices Increase with the Cost of Jet Fuel
Fed Lowers Interest Rates to 4.0%
U.S. Auto Manufacturer General Motors Lay Off 10,000 Workers
EU Accepts Russian Proposal to Price Natural Gas and Oil in Euros
U.S. Strike on Iran May Be Imminent
Cost of Plastics Skyrockets in the U.S.
Hezbollah Masses on Israel-Lebanon Border
Stock Market Dow Jones Crash Rocks Wall Street
Fed Cuts Rates by Half Point
Unemployment's Slow but Steady Climb
President Announces Military Strikes Against Iranian Targets
Israel Launches Preemptive Strike Against Hezbollah Targets in Lebanon
Oil Prices Reach Record $100 Per Barrel
Sell-Off of U.S. Dollar-Priced Assets Causes Feds to Take Action in order to Avert Banking Crisis
How Far Can the Dollar Fall?
Could the United States Deal with a Depression?