<div dir="ltr">A new posting - <br><h3 class="" itemprop="name">Tottering on Another Brink
</h3><h3 style="color:rgb(0,102,0)">
</h3> - from Zoltan Zigedy is available at:<br><span><a href="http://zzs-blg.blogspot.com/" target="_blank">http://zzs-blg.blogspot.com/</a></span><br>
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<span style="font-family:Times New Roman,serif;font-size:large"><span style="color:black">In
June of 2015, I <a href="http://zzs-blg.blogspot.com/2015/06/the-us-economy-mid-year-report-card.html">wrote</a>:</span></span></div>
<span style="font-size:large">
</span><div style="margin-bottom:0.04in;margin-left:0.5in;margin-top:0.02in">
<span style="font-family:Times New Roman,serif;font-size:large"><span style="color:black">Broadly
speaking, the three key factors of fixed business investment,
productivity and, corporate profits have been trending downward for
three to four years. First-quarter 2015 fixed investments fell 3.4%,
not surprisingly, output per hour (productivity) fell by 3.1%, and
earnings were expected to barely move. These three interdependent and
fundamental indicators underscore the critical weaknesses in the US
economy. Capitalism has wrung as much sweat as it can from workers,
managers are reluctant to invest in new or advanced means of
production, and US corporations are experiencing a decline in the
rate of profit.</span></span></div>
<span style="font-size:large">
</span><div style="margin-bottom:0.04in;margin-top:0.02in">
<span style="font-family:Times New Roman,serif;font-size:large"><span style="color:black">Since
then, the “three key factors” gauging the health of the US
economy have only worsened: Capital expenditure in the third quarter
fell by 3.8%, productivity on an annualized basis was only up .4% for
the third quarter, and profits suffered the largest (annualized
through the third quarter) decline since the 2008 downturn... <i><b><span style="color:rgb(153,0,0)"> TO CONTINUE READING, PLEASE GO TO: <a href="http://zzs-blg.blogspot.com/2016/01/tottering-on-another-brink.html">http://zzs-blg.blogspot.com/2016/01/tottering-on-another-brink.html</a></span></b></i><br></span></span></div><br></div>