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Re: Mario Monti Tapped to Lead Italy Out of Debt Crisis

By: Decomposed in FFFT | Recommend this post (0)
Mon, 14 Nov 11 5:28 PM | 35 view(s)
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Msg. 35978 of 65535
(This msg. is a reply to 35971 by killthecat)

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re: "Monti is an international adviser to Goldman Sachs..."

About what one would expect.

Keynesian economic theory is wrong. That's the problem here. Nearly all of the world's economists were schooled in and have a vested interest in KEYNESIANISM. They don't have the answer to a fundamentally incorrect economic philosophy.

The Keynesian approach to a debt problem is to create more debt.

"If I owe you a pound, I have a problem; but if I owe you a million, the problem is yours."

- Keynes 




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months


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The above is a reply to the following message:
Re: Mario Monti Tapped to Lead Italy Out of Debt Crisis
By: killthecat
in FFFT
Sun, 13 Nov 11 11:47 PM
Msg. 35971 of 65535

Mario Monti holds a degree in economics and management from Bocconi University, Milan. He completed graduate studies at Yale University,[2] where he studied under James Tobin, the Nobel prize-winning economist.[3]

He taught economics at the University of Turin (1970-85) before moving to the Bocconi University, of which he has been rector (1989-1994) and then president (since 1994). His research has helped to create the Klein-Monti model, aimed at describing the behaviour of banks operating under monopoly circumstances.

Monti is the first chairman of Bruegel, a European think tank founded in 2005, and he is European Chairman of the Trilateral Commission, a think tank founded in 1973 by David Rockefeller.[4] He is also a leading member of the Bilderberg Group.[5]

Monti is an international adviser to Goldman Sachs and The Coca-Cola Company.


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