The core problem worldwide is productive capacity has largely out run the capacity of consumers to buy the goods and services capable of being produced.
The core problem creating this situation are the skewed distributions of income worldwide. High income earners and banks are hoarding money and not lending or spending it. A continuing economic malaise results.
The core problem worldwide is productive capacity has largely out run the capacity of debt ridden and poorly paid workers/consumers to buy the goods and services capable of being produced. A decade or so ago, producers sought out new middle class consumers in developing countries to avoid the impact of the imbalance in their home countries, but that option is now waning. This leaves few good investment opportunities worldwide and the problem is fast becoming one that is global.…
Income distribution problems are the world's core problem, I suggest….
Capitalism as we know it is in trouble.Wandering the Oceans
The Core Problem Of The World Economy And With Capitalism Is Income DistributionKimball Corson
