Breaking Down the Economic Death Spiral – and Saving the World Economy (via Realizing A Better World) On December 14, 2010December 14, 2010 By southwerkIn Capitalism, Economic measurement, Government Failure Ho-Hyung (“Luke”) Lee writes on economic problems. He begins thusly – The Western countries, that is, the United States and Great Britain, and including Japan, are among the most innovative countries in the world. They have the best universities; they have the best political systems; they have the best technologies. Unfortunately, they have failed to revive their own economies over the last several years. Japan, for one, has had a stagnant economy for almost two decades now. What’s wrong with them and their economies? Isn’t there anyone who can figure out what the real causes of the current economic crisis are and suggest a clear solution? He then lays out his conception of a solution. It’s well worth your reading. James Pilant Share this: Print (Opens in new window) Print Share on Telegram (Opens in new window) Telegram Share on Facebook (Opens in new window) Facebook Email a link to a friend (Opens in new window) Email Share on Pinterest (Opens in new window) Pinterest Share on WhatsApp (Opens in new window) WhatsApp Share on Pocket (Opens in new window) Pocket More Share on LinkedIn (Opens in new window) LinkedIn Share on X (Opens in new window) X Share on Reddit (Opens in new window) Reddit Like Loading...
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