Unemployment number going where?
The credit bubble has burst leading to home prices deflation partially replaced in the economy with a sovereign credit bubble of obviously a smaller size to fuel the public spending (so called stimulus) aimed at relay the private spending (both companies and households) deprived of credit. Has the GDP contracted enough to match the no free lunch theory as the deleverage goes on?
Buffett: Tax the Rich (doesn't always mean the same thing depending where you are - the price of growth, the more you leave to the People to spend and invest, the more the economy grow overtime)
"When a country needs more income, and we do -- we're only taking in 15 percent of GDP ... they should get it from the people that have it."
WARREN BUFFETT TO CNBC: "WE'RE STILL IN A RECESSION"
U.S. CAPITALISM'S 'REGENERATIVE CAPACITY' MORE IMPORTANT THAN GOVERNMENT STIMULUS
COMPLETE INTERVIEW TRANSCRIPT
WARREN BUFFETT TO CNBC: "WE'RE STILL IN A RECESSION"
U.S. CAPITALISM'S 'REGENERATIVE CAPACITY' MORE IMPORTANT THAN GOVERNMENT STIMULUS
COMPLETE INTERVIEW TRANSCRIPT
Growth :
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