Why US needs a good depression now

There is need for depression so that US and the financial markets understand few things which they are not ready to understand. Paul B. Farrell of MarketWatch puts up seven reasons why we need a good depression now:

1: Capitalism’s now a lethal soul sickness, needs a reawakening
 
2. We’re already in the early stages of a Great Depression
 
3. Good Depression exposes our self-destruct bubble-thinking
 
4. Good Depression will stir outrage, force real reforms
 
5. Good Depression forces Wall Street to think outside the box
 
6. Good Depression will deflate America’s warring soul
 
7. Good Depression now … avoids a far bigger depression later

 

Read in detail HERE

Hitesh Anand

I am a post graduate from Newcastle University, UK. I like studying and analyzing economic data and financial health of world.

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