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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: koan who wrote (202541)5/15/2009 7:55:44 PM
From: Les HRead Replies (3) of 306849
 
government debt shot up during the 30's. as soon as they reined in the New Deal programs in 1937, the budget balanced and unemployment shot back up to 20 percent. the war eliminated a lot of infrastructure in Europe that had to be rebuilt with US imports and expertise. the problem with any stimulus is it tries to maintain excess capacity. once the fake demand is removed, the economy tanks...
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