Mish’s Global Economic Trend Analysis: Premature Dollar Obituaries and Mainstream Economists’ Monetary Insanity; Keynes-Inspired Great Depression; Lessons Not Learned
One might have thought the Monetarists and Keynesians would have learned something from Japan. Instead, and in spite of debt to the tune of 230% of GDP, they came to the amazing conclusion “Japan did not do enough”. Two Rules There is never enough debt to satisfy Keynesians. There is never enough fiat currency to [...]
A little knowledge…
Cover via Amazon Meltdown author Thomas Woods Jr writes a long but informed and informative take-down of a Huffington Post article by Thom Hartmann on the economic crisis. Woods is one smart cookie, and he starts off with an honest admission: After eight years of watching conservatives blow trillions of dollars and comport themselves like [...]
