F William Engdahl says getting to a real solution to the crisis will take mass action by millions of people in the streets demanding nationalization of the banks, cuts in military spending,a rise in the standard of living of the middle 60% of the population, and rebuilding the infrastructure of the country.
F William Engdahl is an economist and author and the writer of the best selling book "A Century of War: Anglo-American Oil Politics and the New World Order." Mr Engdhahl has written on issues of energy, politics and economics for more than 30 years, beginning with the first oil shock in the early 1970s. Mr. Engdahl contributes regularly to a number of publications including Asia Times Online, Asia, Inc, Japan's Nihon Keizai Shimbun, Foresight magazine; Freitag and ZeitFragen newspapers in Germany and Switzerland respectively. His newest book is called "Gods of Money: Wall Street and the Death of the American Century". He is based in Germany.More by F William Engdahl