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Is US economy a plutonomy? According to MSN News, Citigroup recently claimed that the US is becoming a “
Plutonomy”, an economy that increasingly relies on the rich.
... read moreUS is Becoming a Plutonomy Nicely, perhaps everyone should most of these days. Customer spending accounts for roughly two-thirds of US gross domestic product, or the value of almost
... read moreNow that Alan Greenspan is Free to Speak the Truth, He is Doing So Even the investment banks say so in hushed whispers of their research reports [Sep 7, 2009: Citigroup 2006 - America, A Modern Day
Plutonomy] In a
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