Quote:
Originally Posted by thommy
quite clear - and now show me the dept curve of US and tell me on wich point it went down.
as you see very good in this explanation cycles are waves. as you can not see waves in the US economy - only more dept what does not go along with the productivity you see a bankruptcy curve what is ONLY drifting in one direction.
so if you wanted to tell me something about economy you are a bit late because i am a economist and know those rules. but if you watch that video again and again you might be also able to see where the problem is when a country have a lot of debts, less income by
decreasing the taxes and even more spendings by increasing the interest rates what
effects the debts again in a negative matter.
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USA risked with debt - no one argues with this.but when huge risk then more profit can be, or not can be. Crisis - it is structure problem, in EU "planned" economy with production quotas by the countries, it gives less growth and less risk.
Capitalist Cycle. the continually repeating movement of capitalist production
from one economic crisis to another. It includes the phases of crisis, depression, revival, and boom. In the development of each phase, the conditions are created for the transition to the next phase of the cycle.
https://encyclopedia2.thefreediction...pitalist+Cycle