|
| Subject |
| Comment |
|
- back to the top - |
|
Economy In Crisis relies on financial support from its readers. Learn more. |
|
|
|
Your endorsement is greatly appreciated. Click here for other ways to get involved. |
The incentives these "investors" you mention have are low cost regimes. That won't be the factor forever. These low cost regimes will appreciate. The effect on the U.S., massive depreciation of the dollar, inflation, and high unemployment.
Sure the economy is planned. I argue that there is no difference between communist planned economies and oligarchic capitalist economies. That's what the U.S. has been for many years now. That's why there was such a thing as anti-trust laws. But they're not enforced anymore.
And the U.S. government is going bankrupt. Why, lack of investment at home.
By the way, I am an economist.