The debt delusion
The US economy relies upon asset price inflation and rising indebtedness to fuel growth - and this contradiction has global implications.
http://commentisfree.guardian.co.uk/thomas_palley/2008/02/the_debt_delusion.html
From Information Clearing House
http://commentisfree.guardian.co.uk/thomas_palley/2008/02/the_debt_delusion.html
From Information Clearing House
rudkla - 13. Feb, 10:32