Tuesday, November 6, 2018

The Economic Situation in America

This is an important factor, in the complicated situation, that is America at the present time.

Americans still feel they are an integral part of Capitalism, even though they are not sure what this is. And they suspect that, whatever it is (or was) it has not been good for them.

Obama is a good example of this. He was elected, even though he was black, with the strong support of the Bankers, who wanted fewer regulations for their industry. After he was elected, he reduced these regulations. Which resulted in the Economic Crisis of 2008, that resulted in a huge bailout (of trillions of dollars).

Other countries were also affected by this, but because they did not have the integrated economy that America has, they could not recover so easily. And this has had a large influence on their totalitarian politics.

Americans now have a problem - what kind of economy do they want?

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