7 Reasons Why Capitalism Can't Recover Anytime Soon

[ProudDad]

"As the recession grinds on, politicians in most industrial countries have an incentive to make exaggerated claims about the supposed coming economic recovery. Some say the recession is over. Obama is in the group that claims we're on "the road to recovery," while other nations can only spot recovery "on the horizon." Below are seven important social phenomena that point to a more realistic economic and political outlook."

http://www.alternet.org/module/printversion/149104

And some DAMN GOOD REASONS why it shouldn't "recover"; Resource depletion, population overshoot, Peak Oil, and Catastrophic Global Climate Destabilization...!

[Davis_X_Machina]

1. This thread discusses a piece that reaches remarkably similar conclusions:

7 Reasons Why Capitalism Can't Recover Any Time Soon.

[ProudDad]

2. Darn!

Thanks :hi:

It was a computer glitch on the DU server that posted it twice...

I guess they'll get around to combining the threads soon...it seems the mods watch me like a hawk lately... :)

[aquart]

3. The recession is NOT "over."

And recovery is decades away thanks to that genius tax bill.

[Donnachaidh]

4. We've been saying that all along

Atlanta just announced that the unemployment in-town is higher than the 10.1% statewide. Our stores have been relatively empty, despite all the reports of a *healthy* holiday season. The foodbanks have lines out the door...

But the MSM is STILL saying the worst is over.

And then they go on to report that property values have dropped a full third since the beginning of the recession...

We're being LIED to -- baldfaced, flat out LIES.