Google
 

Sunday, September 14, 2008

It's Simple

American Scofflaw

It's simple. The US backed off making products and made the money the product. We became the service economy with financial services being the flagship "product."

What this means is taking the money we had, moving it around, reshaping it, stacking it up, decorating it, and charging a small percentage at each and every step along the way.

But with too little new money coming in from the sale of real products to sustain the pyramid, the foundation has cracked.

No comments:

Parking Tickets

Parking Tickets
Can I pay my tickets here?

Let 'em Hear it

Add to Technorati Favorites

Gottcha, scofflaw

Gottcha, scofflaw

Hottest T-Shirts on the Web

Favorite Scofflaw Movies

  • The Godfather
  • The Usual Suspects
  • Dirty Harry
  • The Good, The Bad and The Ugly
  • The Treasure of The Sierra Madre
  • The Long Good Friday
  • Pacific Heights
  • Midnight Cowboy
  • Highway61
  • Duel
  • Catch Me if You Can
  • Glengarry Glenn Ross