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Is it time to end the stock market... and put a close to non-stop expansion in America?

Asked by Kraigmo (9061points) October 20th, 2009

The stock market was a necessary fuel for America’s growth over the last hundred years. It is based on one flaw… however: nonstop expansion dependence (with cyclical contractions).

Shouldn’t we put an end to the stop market, now that America has reached its limit?

Can’t we switch to a balanced, turnkey economy, instead of an investment economy?

If we don’t do that, won’t we inevitably…. someday… destroy ourselves?

(This assumes we also end the banks’ ability to lend money out that they physically don’t have)

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