djia

Lehman Brothers is having a hard time raising capital. Could this be another bail out or maybe a big calamity? How much of the banking industry will it take with it?

Is anyone worried? I have to say it’s been something! To look at the state of our US economy and wonder if we’re in just another normal down part of a cycle, or if we’re on our way down period. We cannot raise capital, we cannot produce products, we seem to be loosing our edge. Is it just a bad case of poor financials or is America really loosing it’s edge? Are we going to be second to China and Russia? Hate to wonder, I really do, but we’re looking like we ate the monkey and drank the cool aide. Any thoughts? What can we do to maintain our superiority in the world of finance?