Thursday, July 26, 2012

Wisdom of Doctor Doom

Dr. Doom (Nouriel Roubini): "Karl Marx Had It Right. At Some Point, Capitalism Can Destroy Itself. You Cannot Keep On Shifting Income From Labor To Capital Without Having An Excess Capacity And A Lack Of Aggregate Demand"

 If You Redistribute All of the Wealth Upwards, the Free Market Capitalist System Self-Destructs 

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