Capitalist Commodity Markets in Big Trouble

Capitalist investors in the physical production of infrastructure – energy, iron, steel and mining (what in capitalist language are called “commodities”) – are in real trouble. These investors are $3.6 trillion dollars in debt, and according to this article it would take them eight years at their current profit rate to pay it back. If their creditors are not willing to wait, that may be the start of a meltdown.

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About Barbara MacLean

Barbara MacLean has worked as an academic and career counselor at California State University, East Bay (CSUEB), Merritt and West Valley Colleges and as a career counselor and manager of the Oakland One Stop Career Center, a public career and jobs center in partnership with EDD. She is a co-founder and editor of Planning Beyond Capitalism.

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