nakedempire


The American Empire in a Changing World



Pages

Tuesday, May 24, 2011

'Were The Last 300 Years An Exception To Economic Rules?'

what if...........from forbes........

"We take for granted that a healthy economy grows. Our governments depend on it to pay the bills. Our investments depend on it too; we buy investments that we hope will become more valuable as sales and profits grow along with the economy. But what if all of our assumptions about what is ‘normal’ are wrong? What if the growth spurt we have known for the last 300 years was the exception, not the rule? What if it were now coming to an end?


The Fed pumps in more and more money. Stocks float. But key parts of the U.S. economy are made of lead. Housing and unemployment, mainly.The New York Times tells us today that debt-burdened college graduates are having a much harder time finding suitable work. And when they do find a job, the starting salary will be an average of 10% lower than it was five years ago – not including inflation"................LINK

No comments:

Post a Comment