US newspaper: The US fills with the panic-stricken confused _New China international _New China net in the ten years

    Material picture: On October 13, 2008, in New York’s Wall Street, several unemployment’s financial industry jobholders earned living to make money in the street. Xinhua News Agency/Agence France Presse

    New China net news: American “Washington Post” website on 16th published the article, the topic is “lets the American panic-stricken ten years”, the abstract was as follows.

    In the ten years starts in panic-stricken, finished in panic-stricken. It begins in Wall Street – - – world trade center – - – becomes the mass slaughter the goal, terminates the economic recession which initiates in Wall Street to make the petty bourgeois fear and shock.

    This is the confused ten years. The American economy first is an ebullition picture, then disintegrates. The leader an American eight years that president has let us be involved in these ten years with Saddam’s gratitude and grudges battle, then unceasingly life and money investment afterward tangled warfare. American middle class deterioration simply not in his attention scope.

    After the late 1990s’s stock market froth, real estate industry also presents the froth. These departments once were our economic growth engines. The American commodity production obtains investment could not achieve again from the mid-19th century until the 1970s that time’s level. In that time, commodity production once was our economic growth engine.

    The financial industry vigorously develops. The International Labor Organization reported that yearly salary disparity finance industry insider’s expands among non-finance industry insiders from 1989 11,000 US dollars to 2007 40,000 US dollars. The financial department said for this change defense that it has created many innovation financial products – - – these financial products did unexpectedly the sluggish economy the big decline.

    At present not only lets the American frightened be worried that loses work – - – or own spouse, sisters, father and child loses their work. What the Americans were worried was the US is hollowed out, was worried that we did not have to realize the overall prosperous sustainable way, let alone was second to none the status. Last month an opinion poll which initiates by the American foreign affairs institute demonstrated that 44% Americans think China is the world top-quality economic power, but only then 27% Americans think that the US still occupied that position.

(Chief-editor: Liu Xiaojun)