ST Alpha - "The IMF said there may be a link between rising inequality within Western economies and deflating demand." (Reading a Post)

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The IMF said there may be a link between rising inequality within Western economies and deflating demand.

Posted by Loyola Sep 14 '10, 10:02

"Historians say the last time that the wealth gap reached such skewed extremes was in 1928-1929. Some argue that wealth concentration may cause investment to outstrip demand, leading to over-capacity. This can trap the world in a slump."

http://www.telegraph.co.uk/finance/financetopics/financialcrisis/8000561/IMF-fears-social-explosion-from-world-jobs-crisis.html (www.telegraph.co.uk)

Responses:

what does the Impossible Misson Force know about that stuff????? -- nm - Danedukenuuk Sep 14, 10:14
I was just thinking something along those lines with the mention of tax cuts and supply-side economics on the backboards... -- nm - znufrii Sep 14, 10:08 1
- Personally, if I was Bernanke, I'd pay off 75% of everyone's mortgage to the banks and be done with it. - Loyola Sep 14, 10:21

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The IMF said there may be a link between rising inequality within Western economies and deflating demand.

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