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The threat of sovereign defaults, a weak euro and continuing depression in real estate markets have stymied growth prospects.
FORBES: Billionaires
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Admitting I suffer from depression and anxiety has, at times, made me feel weak -- like I'm admitting defeat.
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Who's going to win the next roll of the dice--fixed-income savers praying for deflation, even if that means another Great Depression, or fixed-rate mortgage borrowers praying for a weak dollar?
FORBES: The Fed's Crap Game
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It will either get what it wants (an increase in the EFSF used to recapitalize the banks and help the ECB buy bonds of weak European countries), or as Soros so succinctly puts it, we are headed for another depression.
FORBES: George Soros Thinks We're Headed Towards Another Depression