mulder

The financial crisis in the mid to long term will be ugly. We will become de-industrialised, as every possible job heads to China, etc. Real Estate will plummet to around prices of 10 years ago. Most banks will need Govt bailouts (really, just look at the USA today & we are around 2 years behind). Our Social Security will be shown up as a ponzi scheme (fraudulent scheme where money paid out is not from profits, but from contributions of new investors). I think things will get ugly very fast if there are more terrorist attacks anywhere in the world.