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Sunday, November 22nd, 2009

Posts Tagged ‘ economic change ’

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 | 5 comments

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