America Becomes a Defeatist Nation | Another Dumb Yahoo Article

America Becomes a Defeatist Nation | Daily Ticker - Yahoo! Finance

This is a very ignorant Yahoo article. The truth is, CAT, which sells equipment the world over is tanking. Sales are drying up. This author does not understand that there is a near depression on main street.

Actually the author is just giving us a pep talk when the real issue is the hoarding of commodities and the hoarding of future commodities contracts, driving up prices the world over for retail goods. That is killing not only our economy, but it is killing the world economy as well.

If this were not a serious issue, then the Fed would not say anything about the physical hoarding at all. But it is a serious issue. 


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