Friday, February 06, 2009

World Economy deciphered by Epiphany

Toyota has just lost $4 Billion!!!! A loss for a Japanese car company!!! The most lean company that you can think of. What does that mean? It means that the whole world Economy is predicated on Americans consuming their way in to debt and that is what makes the world go round. Since American have stopped going into debt, although not voluntary, all the big and best companies are finally seeing losses and some are going out of business. UK tried sinking into debt like the US and that didn’t go well, they are upside down sinking in debt. The banks are in debt to a tune of ….get this… 4 times the GPD!!! So there you have it!!! THE WHOLE WORLD ECONOMY IS PREDICATED ON AMERICANS GOING INTO DEBT. What the auditor doesn’t find the recession does.

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