What's Wrong With the World's Economy? - Gary L Alexander - June 1971

Gary L Alexander

What are YOU most concerned about? If you are typical, it is not the threat of hydrogen bomb war, the space race, crime, or even the Vietnam War. The average American, Canadian, European, Australian citizen is most concerned about making ends meet FINANCIALLY. But WHY are the most prosperous nations in debt? WHY are people worried about keeping jobs and puzzled about the economy of their own nation, state and city? "Cost of living up 6 percent"; "Cities and States Going Bankrupt"; "Deficit Spending Sets Record"; "Further Inflation Ahead, Say Economists"; "Unemployment Worst in Nine Years"; "Total U. S. Debt Tops Two Trillion"; "Wage Demands Rise"; "Strike Imminent"; "Trade War Looms"; "Balance of Payments Deficit Sets Record"; "Welfare Costs Skyrocket"; "Big Business Bankrupt." Such are the varied - yet intricately related - headlines in your daily newspapers and weekly news magazines, constantly blaring forth the tragedy of our world system: economic chaos and crises! - Information Supplied By: Herbert W Armstrong Library