2008 may destroy USA’s struggling economy

At least you need to aware of these things. We really are sitting on a house of cards while cards are being pulled out from the bottom. I see a depression as a strong possibility in the US and in many other nations beginning in 2008.

“A forecast made by Denmark-based Saxo Bank, chaos will take a grip on the world in 2008. Oil prices will skyrocket to 175 dollars per barrel, the Chinese market will collapse by 40 percent, whereas the U.S. will suffer a 25-percent setback. All this will happen because of the mortgage crisis in the USA which already slows down the U.S. economy.”