PROJECTS: Economics Ideas (1)

With the U.S. government's bailout plan in place and the financial system based on credit expansion, the U.S. economy is not far from experiencing the Great Depression II. This is merely a matter of time. As for the real inflation rate in 2009, it can rise as high as 12% a year. The situation can be exacerbated even more if foreigners start getting rid of devaluing U.S. dollars.