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1828: „Železničná preprava ľudí vo vysokej rýchlosti nie je možná, pasažieri by neboli schopní dýchať a udusili by sa. “ Dr. Dionysys Larder, profesor University College v Londýne ....
August 3, 2021 | Slowing Growth is Natural Product of Debt Hangover Danielle Park Portfolio Manager and President of Venable Park Investment Counsel (www.venablepark.com) Ms Park is a financial analyst, attorney, finance author and regular guest on North American media. She is also the author of the best-selling myth-busting book Juggling Dynamite: An insider s wisdom on money management, markets and wealth that lasts, and a popular daily financial blog: www.jugglingdynamite.com In 1933, Irving Fisher, one of America’s most influential economists, noted that economic growth declines in highly indebted economies because debt increases current spending in exchange for a decline in future expenditures unless the debt is self-financing, i.e., ....