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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (259002)	7/7/2010 1:34:41 PM
From: Elroy Jetson	Read Replies (4) \| Respond to of 306849

I honestly can't understand how Krugman believes there will be a positive result from treating the problems created by excessive debt, with additional debt. I realize that Monetarists, Keynesians, and other schools of economics believe additional debt creation is the way to avoid an economic depression - but I have never understood how this is possible except in the short-run. Ultimately you end up with an even larger economic depression. I have never been able to understand why people like Milton Friedman, Paul Krugman, and hundreds of others have never been able to comprehend this. .