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Politics : Formerly About Advanced Micro Devices

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To: RetiredNow who wrote (752806)11/14/2013 1:33:08 PM
From: Tenchusatsu  Read Replies (1) of 1578301
 
Mindmeld, if you need more proof that Keynesianism is falling apart, take a look at this recent article:

Falling growth adds to questions over Abenomics

Pretty good points raised in the article, including the need for corporations to increase spending in wages and capital expenditures, but the only way Abe plans on addressing this is via sweet-talking.

Meanwhile, all of the effects of Abenomics could have been predicted by those not blinded by Keynesian fantasies, including inflated real estate, superfluous production, and a short-term bump in GDP that has already sputtered out.

Don't expect Ted to admit defeat, though. He'll continue to praise Keynesian policies while he quietly gets out of stocks that have been negatively affected by them.

Tenchusatsu
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