Showing posts with label spending. Show all posts
Showing posts with label spending. Show all posts
Wednesday, July 21, 2021
Tuesday, December 2, 2014
The Middle Class Spending Crash Explained
The middle class squeeze is in place. But hey, government statistics insist inflation is benign, right?
http://www.zerohedge.com/news/2014-12-02/middle-class-spending-crash-explained
http://www.zerohedge.com/news/2014-12-02/middle-class-spending-crash-explained
Labels:
crash,
middle class,
spending
Monday, November 14, 2011
Lawrence Summers: To fix the economy, fix the housing market
This is a re-post of why this country's economy and why the global banking system will collapse. With leadership like this, who needs enemies?
http://blogs.reuters.com/lawrencesummers/2011/10/24/to-fix-the-economy-fix-the-housing-market/
http://blogs.reuters.com/lawrencesummers/2011/10/24/to-fix-the-economy-fix-the-housing-market/
The central irony of financial crisis is that while it is caused by too much confidence, too much borrowing and lending and too much spending, it can only be resolved with more confidence, more borrowing and lending, and more spending.
Labels:
American economy,
borrowing,
confidence,
housing,
lending,
spending
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