Positively Powerful Leadership Development, what is leadership

The New Economy and The Return of The Ponzi

Paul Krugman in today’s Economist’s View is right on point. The economic breakdown is about some people looking out for themselves.

The financial services industry has claimed an ever-growing share of the nation’s income over the past generation, making the people who run the industry incredibly rich.

The people who are hurting in this economy are the people who thought they had gotten richer. The people who really got rich were those who got a commission for creating wealth that did not exist.


Leave a Comment

Switch to mobile version