re: #1008 Kenneth

On the global nature of the economic crisis:

Romania really needs Chinese factories to start buying German machinery again, which could boost demand for Romanian steel. But the Chinese won’t be buying more German machinery so long as US demand for Chinese manufactures is down. So Romania will collapse, taking down German, Austrian, Swiss & Belgian banks that hold east European debt. The collapse of European banks will have a knock on effect on US financial institutions, which will further drive the US economy down.

So what you are saying is that, once again, it’s all the U.S. (our) fault.