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July 9, 2011
"Whatever remains, however crazy, is what’s going to happen"
There is really only one medicine in the Keynesian cabinet. Spend. The problem is that things are now at max dose. Europe is trying to keep nonproductive economies afloat by throwing money at it; China kept the wheels turning by building stuff whether it was needed or not. Japan's up to its ears in debt. Now everybody owes money to everybody else. It's not working but the bankrupt intellectual system of the Left has no other prescription. So they going to "roll up their sleeves" and mainline more money. And guess what? It's not going to work either. So what are they going to do at that point? Why, try an even bigger stimulus and keep going until either madness or catatonia overtake them. Like Sherlock said, when you've eliminated the impossible whatever remains, however crazy, is what's going to happen. -- Belmont Club » A Comment About Liberalism: Out of a Job
Posted by Vanderleun at July 9, 2011 12:30 PM. This is an entry on the sideblog of American Digest: Check it out.
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In an attempt to create a more perfect union, the Proggy Powers reinvented the failed Union of Soviet Socialism. Expecting different results from the same practices... How many wheels does the World need?
Posted by: Peccable at July 10, 2011 6:46 AM