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MichaelKr

Økonom                               

Bosat i udlandet

 

Kapitalisme uden konkurs er som kristendom uden helvede

 

You can't borrow your way out of debt.

 

Let us end "too big to fail" before it is to late.

 

Capitalism is an alternative for what we have now. I highly recommend it.

 

State controlled capitalism is called fascism

 

US 1920-1921 depression

was an extremely sharp deflationary depression -- Ben Bernanke's alleged "nightmare scenario."

So what did The Fed and government do? 

The government balanced the budget and The Fed raised rates!

What happened?

The excesses in the economy cleared, the depression ended and within 12 months a full recovery had occurred including a return to full employment!

There are a few people who get it!


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