Socio-Economics History Blog

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Ron Paul: U.S. Heading for Soviet-Style Economic Collapse!

October 11, 2010 - Posted by | Economics | , , , , , , , ,

1 Comment

  1. A major economic collapse of the USA is inevitable for its falling productivity, mounting inefficiency in agricultural, industrial and service sectors, especially in Education, Finance and Banking and Health Care and its spendthrift mentality without much saving, investment and innovations.

    American Universities, and their Management Schools, especially The Harvard Business School and Think Tanks could only misguide the American people and the American Government for total collapse. The role of President Obama is like that of Gorbachev of the USSR to witness and act as a catalyst for the disintegration of the Economy.

    America must relearn the basic principles of Political Economy and become a wise spender, investor and innovator for its survival.

    Comment by Prof. Raju M. Mathew | October 11, 2010


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