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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (581096)9/9/2010 5:10:52 PM
From: combjelly1 Recommendation  Respond to of 1572107
 
"You don't know WTF you're talking about."

Says someone who is truly clueless.

"It is a fact they were facing hyperinflation in the early 80s, as a result of the '73 Yom-Kippur war and the attendant massive government spending to support the war."

True. But totally beside the point.

" The "Great Stabilization" program of '85 entailed a massive cut in government spending"

Only partly. You are forgetting the change in currency, the wage and price controls, the fixed exchange rate, etc.

"All precisely the opposite of what you claimed"

Only if you have made up something and claim I posted it.

Which you do have a habit of doing.

"I think it is pretty early to deem China to be "recovered". "

Their growth rate is well in excess of ours. You use of quotes is, per usual, a lie.

" Or to attribute what recovery HAS occurred to their spending."

What do you attribute it too? Magic?

" The WSJ put it this way:"

My. A reliably extreme right wing source discounts something that flies in the face of their dogma.

Wow. Totally unexpected.