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Politics : President Barack Obama
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To: RetiredNow who wrote (145651)9/10/2014 11:58:13 PM
From: tejek  Read Replies (1) of 149317
 
Europe has been engaged in massive deficit spending. They are definitely not listening to the Austrians. They are doing everything wrong. So is the US. We have joined hands across the developed world on a path straight to economic hell. I used to think that this was all recoverable, as soon as we kicked the Keynesians out and re-established common sense, but the siren's song of endless money printing and debt binged spending is just too alluring to politicians and the 99% around the world. So the world will get its way. It will result in a massive global currency crisis and will impoverish the 99% even more, if that's possible. The only ones who will survive and even thrive will be the 1%. Keynesianism always works that way in the long run. Welcome to the hell of your own making.

Things are booming in my city and the national economy is doing the best it has in years:

Message 29708949

You're wrong MM. Time to fess up.
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