I admit i only browsed the article
superficially; two question:
1. Which part of the population had
the party that lead to the hangover?
Wasn't the bottom half - however, they are the ones
who forever have to "tighten their belts".
I know from my experience, that the
last alleged boom here in the UK went
unnoticed by most of the population
and involved the collapse of social
services such as health, transport, education,
pensions etc.
2. What's wrong with the Marxist analysis of
the boom-slump cycles?
Eva
