Make a note in your diary or I’d suggest if you don’t have one -- start one or a scrap book or something. We are currently living through a momentous time in history. What we are currently seeing is a seismic shift in world power.
The worlds “centre of democratic capitalism” the USA economy is failing. I don’t know if the shift in global power will be to China, Russia or the European Union but its happening.
Here is the full 12 minute and 56 second “Economic Crisis” speech delivered to the US people by President George Bush on Wednesday the 24th of September 2008. Not since the great depression of 1930’s have we heard a US Presidential address like this.
Today Friday the 26th the US congress has still not approved the Presidents “rescue plan” which involves using $700 billion Tax payer dollars to take “toxic debt” off banks and financial institutions books.
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Tags: Ecomonic Crisis, George Bush, USA, Video of the day
