U.S. Economy at a crossroads

[Owlet]

 "We are at a crossroad because with the world sliding into recession/depression, with the U.S. economy living off of exports, with a high level of unliquidated malinvestment, with a dearth of productive capital, and with money supply set to decrease, we are headed for economic decline which will impact the U.S. economy by Q2-2012 at the latest. It is likely that we will see another round of quantitative easing (QE3) before then as the numbers start to weaken and as unemployment starts to rise."

dailycapitalist.com/2011/11/22/the-economy-is-in-jeopardy-part-i