The Economic Tables Have Turned

What goes around, comes around… Every country in the world has had to put up with finger wagging and scolding from U.S. officials. The U.S. economy was the world’s best for so many years - and American experts, government officials, professors and consultants never got tired of saying so. But now…as the Rolling Stones put it… “Tables turn and now her turn to cry.” Now, the tears are coming from the United States; the foreigners are doing the scolding. Bloomberg reports that U.S. housing starts are at their lowest level in 17 years. Housing prices are going down too, while consumer prices go…