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The article above, and subsequent comments beneath it, have described the deteriorating economic conditions around the world. Years or decades from now, this period in world history will be characterized as the “Great Depression II,†or by other similar nomenclature.
See, e.g., The Economic Tsunami Continues Its Relentless And Unforgiving Advance Globally, The Pygmy Putin Rules Over A Third World Country, Russia, China’s Speculative Bubble, and New View Into Fed’s Response to Crisis.
In an article entitled, “Global Markets’ Strength Doesn’t Reflect Economic Outlook, Central Banks Say,†the Wall Street Journal notes:
