Board-Ansicht
Mix-Ansicht- THE GRAND ILLUSION - BossCube, 14.03.2001, 16:50
- Re: THE GRAND ILLUSION, besonders das: - dottore, 14.03.2001, 18:22
Re: THE GRAND ILLUSION, besonders das:
Liebe Freunde,
America's bubble market of the 1990s was made possible by a
single over-riding conceit: that America's new Information
Economy is different from every economy that ever came
before and doesn't need to follow the same old rules.
The illusion is so far-reaching that it has led Americans
to believe that they actually got richer over the last
decade.
But while Americans celebrated their"information economy"
and thought it was making them rich, they were actually
getting poorer - a fact which cannot be ignored forever.
"What is pushing the United State into a recession is an
unbalanced economy. There's simply too much debt
accumulated by working-class families, and insufficient
income growth to pay for it," Mr. Gottdeiner concluded.
Meanwhile,"corporate America has created the crisis of
overproduction. Thus, as the rate of profit falls, layoffs
will accelerate as well. Our economy will experience a
deflationary spiral that interest rate cuts can't cure.
Time has run out, not only for the debtor, but the creditor
as well."
<center>
<HR>
</center>
Thread gesperrtgesamter Thread:
