Friday, October 17, 2008

The $55 trillion question

By Pepe Escobar
Asia Times

"With a third presidential debate victory and a tottering American economy, conditions are in place for a Barack Obama landslide. But what will he win, exactly? Answer: A country $55 trillion in the hole (that's $480,000 per household), embroiled in unpopular wars and set to endure unemployment not seen since the 1930s. Perhaps conditions are also in place for Obama to ditch the "war on terror" - and launch a war on poverty...."

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