When America is run by Corporates what made Amrica led to finantial breakdown and rise of poverty line??
That may be about to change. Evidence is mounting that the economy has slipped into recessionand this time consumer weakness is to the fore (see article). The doughty American shopper is being pummelled by four things: the housing bust, the credit crunch, higher fuel and food costs and, most recently, a weakening labour market. The unemployment rate rose to 5.1% in March, while the private sector lost jobs for the fourth month in a row. Feeling poorer and with fewer pe ...more
they make expense more then they earn coz they get easy debt there ..its main reason
Less widely recognized is the tendency of corporations, as they grow in size and power, to develop their own institutional agendas aligned with imperatives inherent in their nature and structure that are not wholly under the control even of the people who own and manage them. These agendas center on increasing their own profits and protecting themselves from the uncertainty of the market. They arise from a combination of market competition, the demands of financial markets, and ef ...more