Yes! And further, consumer credit is maxed out. Henry Ford knew that he had to p...

mirimir on Jan 22, 2016 | parent | context | favorite | on: Why Are Corporations Hoarding Trillions?

Yes! And further, consumer credit is maxed out. Henry Ford knew that he had to pay his workers enough to buy his cars. But since the 70s, it's become sufficient that they be able to borrow enough. It's been a good run, but ...