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


To: Tenchusatsu who wrote (707428)4/4/2013 6:00:09 PM
From: tejek  Read Replies (2) | Respond to of 1573004
 
Ted, Margaret Thatcher said it best. The problem with socialism is that eventually you run out of other people's money.

The Krugman solution to this problem is simple. Print more money and call it "stimulus."

It's easy to advocate if you pretend that Europe's recessionary woes are temporary and not systemic.


The problem is that you don't want to hear the truth. You have spent years following false gods because they fit your biases. And it doesn't matter how many times you are shown to be wrong.......you come up with excuses to explain it away.

I repeat............Europe is in an economic mess because Germany incorrectly believed austerity would do the trick. And why do they continue to preach austerity despite the economic turmoil that has resulted.........because so far its benefited their wallets.