[lbo-talk] The next recession

[MM]

> On Jan 29, 2016, at 2:45 PM, JOANNA A. <123hop at comcast.net> wrote:
> 
> It's investment, not consumption that drives an economy? Really? 

There’s a lot of very good stuff from Michael on Youtube laying out the case for this, usually in the context of a much more far-reaching discussion of the nature of the current “long recession” (his term). Here’s an especially good one:

https://www.youtube.com/watch?v=85FMJQeK6Kw