[MCN] The Next Global Recession Will Have No Brakes, Claims World Economic Forum

[Lance Olsen]

The Next Global Recession Will Have No Brakes, Claims World Economic Forum <https://news.google.com/articles/CBMiXmh0dHBzOi8vd3d3LmNjbi5jb20vdGhlLW5leHQtZ2xvYmFsLXJlY2Vzc2lvbi13aWxsLWhhdmUtbm8tYnJha2VzLWNsYWltcy13b3JsZC1lY29ub21pYy1mb3J1bS_SAV5odHRwczovL3d3dy5jY24uY29tL3RoZS1uZXh0LWdsb2JhbC1yZWNlc3Npb24td2lsbC1oYXZlLW5vLWJyYWtlcy1jbGFpbXMtd29ybGQtZWNvbm9taWMtZm9ydW0v?hl=en-US&gl=US&ceid=US%3Aen>
The global economy is careering headfirst into an economic crisis, and unlike the 2008 recession, there's not much of a safety net. That is according to the World ...
CCN.com
Yesterday
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"Controlled capitalism … had been a truly colossal success. From the end of the Second World War until the mid-1970s the American and European economies were uplifted by many years of rapid growth, bringing affluence from the relatively few to almost all."

"In the late 1970s the tendency to control capitalism was abruptly reversed."

“ … the most striking feature of our turbo-capitalist times, the hollowing-out of democratic governance over the economy.”

Edward Luttwak, Turbo-Capitalism. 
1998 in Great Britain by Weidenfeld & Nicolson. 
1999 in the U.S. by Harper Collins.

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