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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: bruiser98 who wrote (99919)11/25/2008 9:32:10 PM
From: bart13  Read Replies (2) | Respond to of 110194
 
In my opinion, neither Austrians nor Keynesians nor Friedmanites etc. have enough of a practical clue on:

"In politics, nothing happens by accident. If it happens, you can bet it was planned that way."
-- Franklin D. Roosevelt

Even Shakespeare got it wrong - it should have been "First, kill all the politicians" instead of lawyers. <g>



To: bruiser98 who wrote (99919)11/25/2008 10:59:31 PM
From: Robin Plunder  Respond to of 110194
 
"I think Keynes expected that genuine leaders would rise above politics. I read somewhere that he met with FDR and emerged shaken about how ignorant FDR was about economics."

highly unlikely that someone so intelligent would be so naive...but today, none of us have his excuse.

it is clear that the politicians will stimulate without end.

Robin


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