----- Original Message ----- 
From: "Geoff Flight" <[email protected]>
To: "'ProFox Email List'" <[email protected]>
Sent: Tuesday, February 17, 2009 5:15 PM
Subject: RE: [OT] Australian Government To Regulate Private Regularity


> Mock all you like but our economy is superb and yours is on the brink of
> total collapse. It is just possible we know something you don't.
>

You are overlooking a major reason why your economy did so well. The U.S. 
economy is the engine of the world. As proof look at all the crying and 
gnashing of teeth you foreigners are doing right now claiming that the 
recession is the fault of the U.S. For 15 years us Americans have pumped 
trillions of dollars into the world economy. We have gone into massive debt 
to fund consumerism. The bubble has burst. We are no longer buying much 
stuff. Because the global economy is by definition crosslinks every nation 
on the planet every human being is affected by the downturn whether or not 
there is direct trade with the U.S.

For example China exports a major portion of their output to the U.S. then 
in turn buys from stuff from other countries like Australia and those in 
South America. When the U.S. chokes, so does everyone in this entire chain 
of production.

By this time next year you will not look so good. Believe me.

P.S. the U.S. economy is not on the verge of total collapse. You are 
listening to the liberal press going on and on so that they can scare people 
into accepting more debt spending by Congress.






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