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The U.S. now ranks not first, not second, not third, but 12th among developed nations in terms of business startup activity
By: capt_nemo in
FFFT3 Thu, 15 Jan 15 8:08 AM
Gallup CEO Blasts US Leadership "The Economy Is Not Coming Back"
Submitted by Tyler Durden on 01/14/2015 - 12:03
The U.S. now ranks not first, not second, not third, but 12th among developed nations in terms of business startup activity as Gallup CEO Jim Clifton rages, for the first time in 35 years, American business deaths now outnumber business births. Wall Street, Clifton explains, needs the stock market to boom, even if that boom is fueled by illusion. So both tell us, "The economy is coming back." Let's get one thing clear, he exclaims, "this economy is never truly coming back unless we reverse the birth and death trends of American businesses."
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