Comments on: Eurozone ignoring parallels with Latin American debit crisis of the 1980s http://www.reinform.info/?p=3095 Mon, 07 Oct 2013 09:41:09 +0000 hourly 1 http://wordpress.org/?v=3.5 By: Understanding the Debt Relief Act « Debt Consolidation Baltimore http://www.reinform.info/?p=3095#comment-323 Understanding the Debt Relief Act « Debt Consolidation Baltimore Thu, 06 Sep 2012 06:30:50 +0000 http://www.reinform.nl/?p=3095#comment-323 [...] Since then, a number of things have happened. There has been a concentration of capital but a shortage of profitable investment opportunities. So far, there has not been a wave of innovations like the car, the plane, cinema and TV to give the global economy a shot in the arm, although it is possible that digital, robotics, genetics and green technology could act as a catalyst. The result has been a declining trend rate of growth, and the increased financialisation of western economies as the surpluses have been re-cycled through the banks in a search for yield. Hence the Latin American debt crisis. Hence the sub-prime mortgage crisis. Hence the inability of the global economy to emerge from its torpor.Source: reinform.nl [...]

]]>