Friday, May 23, 2008

US economy cartoon





Source:http://www.cagle.com/news/Economy08/

The cartoon shows what are the troubles the US economy has experienced. Recession, inflation and problems faced by the Federal Reserve System (FED) (the subprime crsis) are weakening the US economy. Moreover, there are some hidden economic bubbles such as the dotcom and housing bubble, which make the situations even worse.

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