Downward Trajectory

With the recent bankruptcies of five US-based global financial services firms, it is evident that the US economy is on a downward trajectory. The present US economic situation is more and more comparable to the Great Depression of 1929. And there seems to be no end in sight.

BY FLON FAURILLO
Bulatlat
Vol. VIII, No. 33, September 21-27, 2008

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