Archive for the ‘depression’ Category

How Can a Nation of Consumers Survive?

About one of every 5 people in the UK work directly for the government. If you consider pensioners, people working for private firms which only do business with the government, and only consider people who are actually working, the number is much higher – perhaps as high as one in three. I don’t know what […]

Recessionary Culprits and the Dawn of New Opportunity

The American Bar Association conducted a survey of more than 14,000 attorneys between November 11 and 13, 2008, publishing the results in the January, 2009 issue of the ABA Journal, glibly entitled the “Special Recession Issue.” In response to this question—Who is most to blame for the recession?—came these lawyerly answers:Financial Institutions 48%Congress 14%Federal regulators […]