Depression v2.0

The great american recession... havent talked about that and somehow this is one thing that has affected everyone (myself included) in more ways than one. We had the last big depression in 1930s and this was a time that I know not much about, but the least I can tell is that this was a time when the developed nations had conditions not much better than what poor nations have today .. or state it simpler suddenly the great nations had gone poor. Now what baffles me is how does a nation become poor and more stupefyingly how can the whole world become poor. Well this is what happened in 1930s and is happening in the present and coming years. The reason is obviously some sort of a scam - a conspiracy ( that's a chic word to use today for some reason!). Well I am not the right person to comment on the depression v1.0 but since I have seen the depression v2.0 released by Mr. Bush I surely can give an insight into that. The USA has been for a long time been the dream of dreamers, who wish for success - material success at least. Many have come in and realised their dreams. But now suddenly why has USA got nothing to give its own people now. It's poor - one of us. There can be no one reason for this. One is obviously the war that America has waged over the past few years in Afganistan and Iraq. Official figures are around __ billion usd so we can be sure its at least __ billion usd . But this amount though very large it's not enough to pull down a prosperous nation as USA. The reason is that it is more of a case of a terminte infested house being subjected to floods - a sort of double whammy. The other reason is inertia - the tendency of being in the flow of the situation, with rising belief that a bleak future is ahead of us the future is made more bleaker with the death of each hope. Also I am not a real fan of Bush. I do believe that other than the war his policies had a lot to do in fucking up the economy. So basically the wrong choice made by american voters has been the reason that other countries have suffered.!! Other reasons include the oil prices. Oil is the necessary and OPEC is the devil with its key. Now it can hardly be the case that all the countries are helpless in front of opec. They have oil but the rest of the world has lots of things that they dont. The reason that they yield so much power is the greed of men of power that make the powerful countries meek in front of them. Now i dont mean that Bush was on a direct payroll of some oil lord - but in some sort of indirect way he has profited or else he is why has he let the opec come across terrorist powers. It may seem that this essay is somewat scattered but the reason is that the problems associated with the topic are a web and concentrating on just one part will give only part of the picture. There is a lot more to the topic and it shall be continued ............