Friday, August 27, 2010

Gorging On Keynesian Stimulus Causes Depression!

The big fat gray line is not big enough or fat enough! Gorging during the Keynesian "free the politicians from all economic reality" period lead to a big, fat gray (shaded) line but the data center at the Federal Reserve does not want to be politically incorrect and call the economy grossly overweight! They talk about the dainty double dip recession instead of the gargantuan depression blob.

Now we have Bernanke putting on his pilot glasses and buckling himself into his helicopter. To get a tiny blip in GDP the helicopter is going to need to be packed so densely that the poor dopey Bernanke will not be able to get it off the ground!

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Tuesday, August 24, 2010

Ups And Downs Caused By Economic Quackery.

Wall Street Journal reports the 'gravity' of the situation. Being a major cog in the economic machinery of the Keynesian quacks, the housing plummet is sure to alarm them about the gravity of the situation. Will it go thunk or ricochet ping-ping-ping down deeper and deeper into a crevasse?

Meanwhile bacon sizzles and pops. Is the volatility good news?

It sounds like the ego-driven interventionists have put us between a rock and a frying pan.

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Saturday, August 21, 2010

How Similar And Dissimilar Are the U.S. And Japan Economies?

Brace yourself for the difference between deflation and hyperinflation!

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Go here to read about MACRO & MICRO Economics Renewed.