mrzwink asked in Social ScienceEconomics · 9 years ago

The aftermath of the crisis?

the era of living on debt, the era of carpe diem has ended. we are currently experiencing the aftermath of carpe diem. what will the world and our society look like in the near future?

3 Answers

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  • Anonymous
    9 years ago
    Favorite Answer

    A more hard working American.

  • SDD
    Lv 7
    9 years ago

    Once balance sheets are deleveraged, the future will look rather like it always has, although I suspect that people will be (for awhile) a little more reluctant to use debt to finance expansion. Of course if governments continue to increase debt, then it will look like a long period of very slow growth.

  • Anonymous
    9 years ago

    it will look much like it is today, only with a bit more discontent in the bottom 10%.

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