Status Updates From The Economics of Global Tur...

Forget zodiac signs, what global economic crisis were you born into?

Ur telling me the afterward is a third of the book

Capitalism requires endless economic growth; endless growth requires endless growth in demand. In the world economy, it’s primarily the role of the US consumer base to provide this demand. To stimulate demand the US takes on massive debt, subsidizing domestic demand w deficit spending and loose credit policy. Our role is to consume an ever-increasing amount of commodities in order to keep the world economy going.