The Depression of 2009 - 2 views

• 
  #1 John S Veitch on 02 Mar 09

   

  Hello All
  
  This forum has had intermittent posts that are sometime interesting.
  
  I've recently written 12 short essays about the depression of 2009, that are published here:
  http://www.openfuture.co.nz/
  
  My main point is that the problem is only partly financial, I think the economy itself has a feedback mechanism in real things and real events that economists try to ignore.
  
  Why have all the apparently "successful" effort to make the US economy "strong" led to 30 years of falling real wages?
  
  Why do we now have a crisis?
  
  How do we resolve the energy problem, and the global warming problem? One solution would be a depression that never lifts.

   

  <div class="cArrow"> </div><div class="cContentInner">Hello All <br /> <br /> This forum has had intermittent posts that are sometime interesting. <br /> <br /> I've recently written 12 short essays about the depression of 2009, that are published here: <br /> <a href="http://www.openfuture.co.nz/" rel="nofollow" target="_blank">http://www.openfuture.co.nz/</a> <br /> <br /> My main point is that the problem is only partly financial, I think the economy itself has a feedback mechanism in real things and real events that economists try to ignore. <br /> <br /> Why have all the apparently "successful" effort to make the US economy "strong" led to 30 years of falling real wages? <br /> <br /> Why do we now have a crisis? <br /> <br /> How do we resolve the energy problem, and the global warming problem? One solution would be a depression that never lifts.</div>

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