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Non conformers are drowning in debt because instead of letting your financial system iron out its efficiencies; your governments have chosen to artificially inj
by drieddust 15y ago
Non conformers are drowning in debt because instead of letting your financial system iron out its efficiencies; your governments have chosen to artificially inject stimulus which did nothing to help the situation.
Asian did not face this crisis because money and power is accumulated in the hands of few and they can actually withstand any financial meltdown because they are not answerable to any one.
http://www.dailymail.co.uk/news/article-1339536/Ghost-towns-China-Satellite-images-cities-lying-completely-deserted.html http://www.dailymail.co.uk/news/article-1339536/Ghost-towns-...
Do you think in western economy any company or government can afford to do this?