POLICIES AND DECISION MAKING ROCESS SEEM TO OVER RIDE THE REQUIRED IMMEDIATE SOLUTION TO FISCAL PROBLEM, BALLOONING BUDGET DEFICIT AND GRADUAL CURRENCY DEVALUATION.
Policies and decision making process seem to over ride the required immediate solution to fiscal problem, ballooning budget deficit and gradual currency devalution in the series of of meeting in which both the Senate and the Congress have repeatedly failed to reach compromise on the required solutions to end foreseeable financial and economic crisis in both the USA and the World's financial markets. European Union finance experts, particularly those in the European Union countries have described the condition in the USA with words such as USA cheapest money, time bomb to financial and economic crisis, economic downtrend and depression which too may not have described the actual cause, or specific problems to the USA less financial and economic performance, instead may have hurt many Americans, particularly those that may have been monitoring the changes with the effort that has been made by various groups both government and private finance Institutions to encounter the predicted downtrend in the USA financial and economic performance.
Written by Professor Godfrey Ohia.
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