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Re: Good summary IMVHO 

By: Cactus Flower in ALEA | Recommend this post (1)
Fri, 26 Aug 11 7:12 PM | 37 view(s)
Boardmark this board | The Trust Matrix 		Msg. 05676 of 54959
(This msg. is a reply to 05675 by xcslewis)
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Hi csl,

I don't know if you spotted this at the time, but the economic hole appeared during Bush. The Keynesian attempt to fill the hole with demand has not been sufficient to the task. The Republican hole was just too big. More Keynesian sand, please.

- That's my tuppence ha'penny to your two cents.

By the way, it is not altogether clear why you think what you think. Do you celebrate the opportunity for catastrophe for the unemployed surrounded by your silver? Is there a pot of magic at the end of your economic rainbow? How do the parts of your economic engine work? - the same way that made the mess?


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The above is a reply to the following message:
Re: Good summary IMVHO
By: xcslewis in ALEA
Fri, 26 Aug 11 5:45 PM 		Msg. 05675 of 54959

The game ain't over until the last out.

"The stimulus was not sufficiently large, as folks like Krugman, Roubini, Stiglitz and Cactus suggested when it was adopted."

Things would just be wronger and worser. I'm pretty sure QE3 will be adopted at some point if not today. The Keynesian hole just keeps getting deeper and deeper.

I think buying more silver makes sense since I think it is undervalued to Gold.

(sense since-I'm kinda' proud o' th't un. If I had more time I might have been able to work cents into it.)

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