[Zzlist-deux] Tottering on Another Brink

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A new posting -
Tottering on Another Brink   - from Zoltan Zigedy is available at:
http://zzs-blg.blogspot.com/


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In June of 2015, I wrote
<http://zzs-blg.blogspot.com/2015/06/the-us-economy-mid-year-report-card.html>
:
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.
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... * TO CONTINUE READING, PLEASE GO TO:
http://zzs-blg.blogspot.com/2016/01/tottering-on-another-brink.html
<http://zzs-blg.blogspot.com/2016/01/tottering-on-another-brink.html>*
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