Charles suggested that we consider the housing market. I might add that we try to get a handle on the contradictions associated with fictitious capital in general. What sort of pressures will occur and which parts of the economy will be most vulnerable? How will this intersect with the concentration of finance in hedge funds that keep accelerating the speed with which finance capital moves? I am not thinking about broad abstractions, but to develop an understanding that we can communicate to others. Others might have suggestions of other matters to consider.
-- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com
