Post Tagged with: "The Greater Depression"

October 31, 2011 05:33

Slouching toward the 1930s

The simple summary of what years of governmental intervention accomplished is the impending economic and financial tragedy. Politicians from the past may have gleaned benefits. Our generation is left to pick up the pieces.

October 5, 2011 04:35

Economic Armageddon Seen As Imminent

Suddenly it is getting crowded in the world of those predicting economic Armageddon. In a sense, that is comforting for those of us who were early and few. Once relegated to the lunatic fringe, it appears as though this view is expanding, possibly even going mainstream.

September 9, 2011 08:37

Why Bother Working?

Since we have yet to address the real cause of this recession, we are moving inexorably closer to causing The Greater Depression. If policymakers and mainstream economists fail to understand that the progenitor of a depression is debt and inflation, they will also be unable to provide a genuine solution. And the “solutions” they do offer are tantamount to seeking the avoidance of a hangover by forcing down a few more drinks.