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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: BGR who wrote (77767)12/2/1999 6:08:00 PM
From: pater tenebrarum  Read Replies (1) of 86076
 
BGR, if you think that the application of Keynesian policies work wonders with regards to recovery, why do you think Japan has been mired in a 10 year long depression, in spite of relying exactly on such policies?
could it be that it has something to do with the bubble that preceded the depression?

btw, the U.S. recovered in spite of the 'new deal' not because of it.

i have a link that has a very good synopsis of the interventionist follies that were perpetrated during the great depression that describes how they deepened and lengthened it unnecessarily.

i'll post it later or tomorrow...must find it first.

your naivete is touching sometimes....
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