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Perhaps the current problem is more like "too many goods and services on offer, but not enough people who need or want them"
Jan 13 10:34 am
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All Comments by prudentinvestor »This Situation is More Like 1982 Than 1932 [View article]
On Jan 13 07:40 AM socrateazz wrote:
> Hmm Interesting... The reason I think this problem is more like 1932
> is what seems to be causing it outside of the actual finacial markets.
> The 1982 problem seemed to be the result of too much money chasing
> too few goods. The 1932 problem and the current one seems to be not
> enough money in the hands of those needing and wanting goods. I think
> that is an opposite problem even if it appears the same in some respect