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economic armageddon?
Posted by condour at November 24, 2004 05:19 AM November 24, 2004 (perm)

Remember Christopher Lydon? He used to have a show called The Connection on NPR. Now, it seems, he's involved in a group blog called The Blogging of the President, which seems to be a rallying point for the American moderate Left. And one of said bloggers, Oldman, has presented this chilling prediction of an oncoming Currency War.

But predictions of doom aren't only coming from the politically disgruntled. Stern business school of NYU has a site dedicated to the subject of the sustainability of the US current account deficit. And Stephen Roach of Morgan Stanley predicts an economic collapse too. Not good bedtime reading unless your money is in foie gras and Toyota.

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