Undoubtedy and it's not a "top of the world" moment as in the movie, but plunging into freefall.The US economy is now in a similar position to the Great Depression.High unemployment, government overspending and overborrowing, combined with huge deficits,interest rates and reduced output.Factor in increased imports, outsourcing and selling off infrastructure and it looks like the economy is sinking all the way to the bottom.
