Must read IMHO

In spite of the horrendous writing in the article, its still important information.

I mean really horrendous writing.

The United States is sliding towards a dangerous 1930s-style "liquidity trap" that cannot easily be stopped by drastic cuts in interest rates, Nobel economist Joseph Stiglitz has warned.

Addendum: Can anyone out there tell me whether "toward" or "towards" is correct? I lean toward "toward", obviously.

Via BlackListedNews.