fix articles 427957, klaus zimmermann Los Angeles Indymedia : tag : klaus zimmermann

klaus zimmermann

The Financial Crisis and the Failure of the Modern Economy (tags)

The US government debt shot up from 2.9% in 2007 to 5.9% in 2008 and 11.9% in 2009. At the summits of Washington, London and Pittsburg, the goat was made the gardener. Ineffective rules were resolved that hardly helped regulate the financial markets.

Criticism of the Social State is Irrational (tags)

"Paul A Samuelson, an important economist of the 20th century, worries about the state of the US economy. He fears falling wages..`We in the US are on the way to a plutocratic democracy. Neither Bush nor Kerry can stop outsourcing'."

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