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Investments > Investing Science > Re: We have Sta...
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Re: We have Stagflation: so now what?

by ZerkonX <Z@[EMAIL PROTECTED] > Mar 22, 2008 at 03:08 PM

On Fri, 21 Mar 2008 07:22:35 -0700, Jerry Kraus wrote:

> The two main problems we face currently in the United States are:
> 
> 1.  An extreme disparity of wealth between the rich and the poor, the
> concentration of wealth in a small number of hands making training and
> advancement difficult or impossible for the majority of the population,
> undermining both business and consumer activity.
> 
> 2.  The lack of development of new technologies and markets due to the
> waste of resources on the failed Iraq War.
> 
> The government, bought and paid for by the wealthy in the American
> plutocratic system, does not wish to resolve the first problem.  In all
> probablility, it does not know exactly how to resolve the problem of
> developing new technologies and markets.  It remains to be seen, how the
> situation will resolve itself.

Excellent.

However, I think the ONE main problem in the US economy is that it has 
become so war boom dependent. From here, feeds into most everything you 
mention.

As far as new technologies goes. Who always develops new stuff? Weird 
people who smell bad most of the time!
 




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Re: We have Stagflation: so now what?
ZerkonX <Z@[EMAIL PROT  2008-03-22 15:08:07 

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tan12V112 Wed Dec 3 20:51:12 CST 2008.