Friday, March 20, 2009
Assignment#6 A. Williams
In the article entitled Revenge of the Glut that was posted in the New York Times on March 2nd 2009 Paul Krugman describes to us how bad our economy has gotten. The article is directed towards the Americans who are curious to know where all of these economy troubles were perceived. The amazing facts about the troubles are that the American bankers created bubbles, and basically buried the problems. The bubbles have now been exposed and the nations that were once in good economic standing such as America, Iceland, Estonia, Ireland, are now experiencing a bad economic crisis. The reason for this is because they created the bubbles and eventually they burst into our situations. Our secrets were revealed and we are left with little to no money with the same needs and wants remaining. No solution has been concluded. In my opinion I think our country should turn to God. He is the only one who can pull us out of this crisis. Because our money says “In God We Trust,” why don’t we do what it says we do?