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View Full Version : Marty-Hart Landsberg: Less U.S. consumer spending to hurt workers everywhere.



CynicalIdealist
16th August 2011, 03:51
http://media.lclark.edu/content/hart-landsberg/2011/08/15/a-shakey-world-economy/

Another good blog article by my former Marxist economics professor.

Apparently U.S. consumer spending accounts for by far the highest in the world, so austerity here=a worse world just about everywhere, especially for Europe and Japan.

The world is burning. Hopefully workers respond, and by that I mean more than they have thus far. :(