http://seekingalpha.com/article/189649-wealth-disparities-in-u-s-approaching-1920s-levels?source=from_friend
A consumption based economy cannot thrive with this level of inequality. Additionally, inequality results in money being wasted on "policing" the dispossessed.
It appears that worsening inequality is contributing to the collapse of "recovery."
Cumulative railroad carloads to date in 2010 are down 17.2 percent from 2008.
http://seekingalpha.com/article/190828-rail-freight-data-still-no-signs-of-recovery
Subscribe to:
Post Comments (Atom)
-
Fukushima Daiichi's ice wall is nearing completion. The Mainichi has a detailed and quite interesting article about the problems with...
-
I strongly recommend looking at this summary of results from a study of uranium contamination among people living in Port Hope, Ontario C...
-
Free speech - the cornerstone of American democracy and an increasing bane to government policy makers and others who would seek to cont...
No comments:
Post a Comment