Posted by: CS | January 12, 2014

Globalization Destroys Tens of Millions of Jobs in the West, Draws Tens of Millions of Third Worlders to the West to Take What Jobs Remain, While Creating a Massive Debt-based Asset Bubble

I guess there’s not a lot need be said beyond the title to this post.

But you can read more at Steve Keen’s Debt Watch:

Secular stagnation III – minus the irony

My own slightly more jaundiced view of the current economic paradigm can be read here: Clueless Krugman.


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