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Politics : Formerly About Advanced Micro Devices
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To: RetiredNow who wrote (871782)7/10/2015 6:13:10 PM
From: tejek  Read Replies (4) of 1576893
 
Keynesianism is in full throttle the world over. You don't have to meet the man to buy into his economics. I have graduate level economics under my belt

I don't believe you. You seem to have a very rudimentary understanding of economics that is very much steeped in ideological conservatism.

and Keynesianism is what they teach in almost every higher learning institution in the US. Austrian economics, Hayek, Mises, and others get short shrift. A famous person once said, we're all Keynesians now.

And maybe that's because the economics of the Austrian school do not work all that well. One need not look any further than the country of Austria.

So true. And we'll reap the whirlwind from that now. We already are. Just remember I said this, when the time comes. We've kicked the can from bubble to bubble to bubble, until at last, governments have eaten up all the bad debt. The next of the dominoes to fall will be entire countries and their currencies. There is nowhere to kick the can to now the game is almost fully played out. Greece may be next, but they won't be the last.

Oh shit........MM..........you have been threatening us with your prognostications since 2008. Not one has come true. NOT ONE!

Don't you get tired of being wrong?
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