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

by Jerry Kraus <jkraus_1999@[EMAIL PROTECTED] > Apr 1, 2008 at 08:56 AM

On Mar 31, 6:26=A0pm, ta <padl...@[EMAIL PROTECTED]
> wrote:
> On Mar 21, 10:22 am, Jerry Kraus <jkraus_1...@[EMAIL PROTECTED]
> wrote:
>


You are ignoring, I suspect deliberately, a fundamental point.  The
massive disparaties of wealth in the U.S. currently, far greater than
anywhere else in the developed world.  This decimates consumer
spending, and op****tunities for growth.  Until this situation is
rectified, there can be little or any growth in the U.S. economy.
Very simple really.  No consumers, no markets.  Unemployment is low,
but wages are so low as to make this point irrelevant to growth in the
U.S. economy as a whole.  Got to start spreading the money around a
bit, I'm afraid.  Otherswise, no economy.  Rich bastards go home!
 




 1 Posts in Topic:
Re: We have Stagflation: so now what?
Jerry Kraus <jkraus_19  2008-04-01 08:56:27 

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tan12V112 Wed Dec 3 21:43:53 CST 2008.