Re: [Pen-l] contradiction in Roubini's analysis

To: pen-l <pen-l@xxxxxxxxxxxxxxxxxx>
Subject: Re: [Pen-l] contradiction in Roubini's analysis
From: Gernot Koehler <gko15@xxxxxxxxxxx>
Date: Fri, 15 May 2009 08:38:54 -0400

Jim Devine wrote (14may09)[quote]
The only way that we can see mass consumer spending
buoying up the US economy is via "reckless borrowing." But, as Roubini
says, such reckless . . .[end quote]

COMMENT
not sure how you mean that. Did you throw the towel on wage raises in line with productivity increases?
GK

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Thread context:
- RE: [Pen-l] supply & demand at work, (continued)
  - RE: [Pen-l] supply & demand at work, Carl Dassbach Fri 15 May 2009, 00:35 GMT
- [Pen-l] Jerichow, Louis Proyect Thu 14 May 2009, 17:01 GMT
- [Pen-l] contradiction in Roubini's analysis, Jim Devine Thu 14 May 2009, 14:46 GMT
  - Re: [Pen-l] contradiction in Roubini's analysis, soula avramidis Fri 15 May 2009, 05:17 GMT
  - <Possible follow-up(s)>
  - Re: [Pen-l] contradiction in Roubini's analysis, Gernot Koehler Fri 15 May 2009, 12:07 GMT
- [Pen-l] California Youth Prison Reform Rising, Seth Sandronsky Wed 13 May 2009, 22:30 GMT
- [Pen-l] Diamond's Question [was: complexity of society, Jim Devine Wed 13 May 2009, 22:05 GMT
  - Re: [Pen-l] Diamond's Question [was: complexity of society, Louis Proyect Wed 13 May 2009, 22:30 GMT
    - Re: [Pen-l] Diamond's Question [was: complexity of society, Jim Devine Sat 16 May 2009, 16:19 GMT

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