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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: koan who wrote (94275)2/16/2009 12:56:42 PM
From: mishedlo12 Recommendations  Read Replies (5) of 116555
 
I know about Summers and Geightner Max and that worries me. But economics at the level we need to understand it here is beyond me.

Koan with all due respect, economics is not beyond anyone here. You simply refuse to see the obvious as well as what is logically true beyond a shadow of a doubt.

The Obvious
1) You cannot spend your way to prosperity
2) There is no free lunch

That is the obvious.
The reason you are having difficulty is you are listening to clowns like Krugman and Geithner who tell you what you want to hear.

This is what Kaon wants to hear
1) It is possible to spend your way to prosperity
2) There is a free lunch

The difficulty you face is your inner brain understands the obvious while your speaking brain does not. And the reason you cannot understand "economics at the level you need to understand it" is you keep listening to idiots promising a free lunch and your inner brain knows that is flat out stupid.

This is why you are confused:You refuse to accept the obvious. Your only hope economically speaking is to believe the obvious and stop believing what you want to hear.

Mish
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