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Wednesday, December 03rd, 2008

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Posts Tagged ‘ Consumer Economy ’

The Inevitable Fate Of Our ‘Zombie’ Economy

Nov 28th, 2008 | By James Howard Kunstler | Category: Politics & Economics

America’s credit-based consumer economy is dead, says James Howard Kunstler. The government and its zombie banks are trying to preserve the status quo. But activities based on getting something-for-nothing will soon be replaced by those producing the things we need to survive. And in this economy, there will be enough work for everyone…

Tags: Citicorp, Consumer Economy, credit crisis, economic change, global credit crisis, hard assets, James Howard Kunstler, President Obama, railroad, US Banking, US infrastructure, US recession, zombie banks
Posted in Politics & Economics | Comments2008-11-28+14%3A19%3A51James+Howard+Kunstler

Miscellaneous Notes From a Faltering Economy

Apr 24th, 2008 | By Dave Gonigam | Category: Stock Market Investing

Time was, “As General Motors goes, so goes the nation.” What would be the suitable substitute for GM in post-industrial, post-modern, post-Bretton Woods America? Wal-Mart? Or maybe Starbucks?

Tags: , Consumer Economy, food costs, Great Depression, Home Price Index, Housing Slump, Howard Schultz, inflation, recession, Rising Energy, US stocks, Wal Mart
Posted in Stock Market Investing | Comments2008-04-24+18%3A32%3A44Dave+Gonigam

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