Has America Lost its Mojo?
You know that American self-confidence is shaken when even George Bush starts expressing fear that the financial crisis may turn out worse than the Great Depression of the 1930’s. But it will require a lot more bad luck and policy blunders before the world gets to that point.
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Cambridge – You know that American self-confidence is shaken when even the President starts expressing fear that the financial crisis may turn out worse than the Great Depression of the 1930’s. George Bush is not alone in worrying that things might get a lot worse before they get better. A growing number of savvy business people are also starting to wonder whether the United States will be able to right its economy anytime soon.