Home › Forums › Financial Markets/Economics › End Result of this debacle…US financial industry loses face? › PerryChase, I would be
PerryChase,
I would be equally concerned about the flip side too!
Read:
However, as Americans lose their money in America, they are bound to look for new places to invest their money.
If Americans lose confidence in America, we won't have much of a competitive advantage.
This is the classic Capital flight scenario that blights weak nations. I am not sure we have a built in immunity to this ill.
