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Wall Street Analyst Meredith Whitney is bullish in USA for many reasons: one language, one currency, strong in commodities and high technology. While unfriendly states to Business like California and Illinois might suffer, other US states will not. US will not suffer the fate of Spain Greece or other Eurozone countries.
However, the worrisome External factors would be the financial condition of the US government: the currency, its debt burden, the currency situation (too many paper bills) the deficit, the trade deficit, the shrinking market.
What happens next the US belt tightening when there is a credit crunch is worrisome too.
God bless America as it faces these problems.
Analyst Meredith Whitney is Bullish on USA
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