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Paul Krugman: A Moveable Glut

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What caused Friday’s stock plunge? What does it mean for the future? Nobody knows, and not much. For seven years and counting we’ve lived in a global economy that lurches from crisis to crisis: Every time one part of the world finally seems to get back on its feet, another part stumbles. And America can’t insulate itself completely from these global woes. But why does the world economy keep stumbling?
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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.

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