Deflation vs Stagnation vs Recession

User Forum Topic
Submitted by LostCat on April 9, 2008 - 1:46pm

How does an economy know when it is in one of the three categories? Where is our economy, where is it going and what possibly could help us into a growth economy when our country doesn't produce anything anymore, can't sell weapons, and our intellectual capital is being depleted. Where is our new economy going to come from?

Green technology?

Submitted by Arraya on April 9, 2008 - 2:27pm.

http://www.huffingtonpost.com/naomi-klei...

The market, however, appears to have other ideas about how to meet the challenges of an increasingly disaster-prone world. According to Lloyd, despite all the government incentives, the really big money is turning away from clean energy technologies and banking instead on gadgets promising to seal wealthy countries and individuals into high-tech fortresses. Key growth areas in venture capitalism are private security firms selling surveillance gear and privatized emergency response. Put simply, in the world of venture capitalism, there has been a race going on between greens on the one hand and guns and garrisons on the other--and the guns are winning.

Submitted by kewp on April 9, 2008 - 7:43pm.

Uh, natural resources?

You may have noticed gold and commodities have been doing well lately?