11-13-2015, 05:08 PM
Cheap interest rates are supposed to spur more investment in research, development, and business expansion. Instead companies are using the low interest rate to buy back their own stock or make other purely financial moves that increase profits but don't produce anything or employ more people.
And the whole shell game that is the "financial industry" has become a much larger percentage of the US economy. We have become the "money changers" for the world instead of the people who make something.
Except food. I am pretty sure we are among the world leaders in food production and export.
And weapons. We build kick ass weapons.
And the whole shell game that is the "financial industry" has become a much larger percentage of the US economy. We have become the "money changers" for the world instead of the people who make something.
Except food. I am pretty sure we are among the world leaders in food production and export.
And weapons. We build kick ass weapons.
