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Old 11-11-2011, 03:44 PM
casstony
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casstony is offline
 
Join Date: Feb 2006
Location: Warragul, Vic
Posts: 4,494
Supporters of Keynesian economics are only making the situation worse. Pumping money into an economy only works if the economy is not already saturated with debt. Recessions are necessary to clear inefficiency/malinvestment from the system but the burden has become so great that the necessary economic contraction is going to be very painful. Rather than steer us through a managed economic contraction our glorious leaders are condemning us to a depression and the potential violent consequences that come with it. imho

I don't think think our governments are worth a cracker as far as economic management goes.
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