b********n 发帖数: 38600 | 1 https://www.gc.cuny.edu/CUNY_GC/media/LISCenter/pkrugman/Meetin
Krugman.pdf
While this all started with a currency "war," it seems - according to a
stunningly candid transcript of Japan's finance minister's conversation with
none other than Paul Krugman - that the real endgame here is actual war.
Aso remarked that "a similar [deflationary mindset] had occurred in the US
in the 1930s. What solved the question? War! Because World War II had
occurred during the 1940s and that became the solution fo... 阅读全帖 |
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d***e 发帖数: 3497 | 2 明斯基时刻(英语:Minsky Moment)指在信贷周期或者商业周期中,资产价格的大幅
下跌。在长期的经济繁荣中,资产价格上涨会导致投机性的贷款增加,而过多投机所产
生的债务会造成投资者的现金流紧缺,即资产产生的现金流不足以支付债务需要的利息
。当债权人要求偿还债务时,深陷债务问题的投资者必须卖掉资产价格相对稳定的投资
物来维持现金流,然而此时已经没有交易对手方会支付如此高的资产价格。一系列的抛
售将导致资产价格进一步下跌,以及流动性紧张,并最终造成资产价格的崩溃。[1][2]
这个概念是由PIMCO的保罗·麦克里在1998年提出用来描述1998年俄罗斯金融危机,[2]
以海曼·明斯基名字命名。麦克里将2007-2010的金融危机的开始,即2007年8月视为
明斯基时刻,并称之后的危机是"反明斯基过程",[3] 而也有人将之前2007年6月的两
个贝尔斯登基金的失败视为明斯基时刻的开始。
虽然海曼·明斯基被普遍认为是后凯恩斯学派[4],但该理论与奥地利经济周期理论类
似[5]。
参考资料[编辑]
^ In praise of ... Hyman Minsky, The Guardia... 阅读全帖 |
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b********n 发帖数: 38600 | 4 Economics, the time line:
Classical economics – observations and deductions from the world of small
state, unregulated capitalism around them
Neoclassical economics – Where did that come from?
Keynesian economics – observations, deductions and fixes for the problems
of neoclassical economics
Neoclassical economics – Why is that back?
We thought small state, unregulated capitalism was something that it wasn’t
as our ideas came from neoclassical economics, which has little connection
with classica... 阅读全帖 |
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B******e 发帖数: 16928 | 5 他是Keynesian,我是Chicago school,不过我很欣赏他写的关于financial sector会影
响real economy的一系列paper, 我不过注册的时候其他ID都被注册了想了个熟悉的名
字try一把成功了。 |
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a****t 发帖数: 7049 | 6 I think in the realm of economics, the government has exerted far too little
control. The issue with the existing control methods is not the amount, but
that it is too capricious. It needs to be taken out of bureacrats' hands
and made more mechanical. I am a Keynesian in believing the government has
an extremely critical role in stabilizing large systems like the economy, by
setting initial conditions and path constraints, and dampening extremal
phenomena (or edge cases, if you will) like monopo |
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t******i 发帖数: 6123 | 7 奇怪了?Keynesian 怎么会在 Libertarian 的框框里?
little
but
by |
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T**********1 发帖数: 2406 | 8 you need to learn, dude. Hayak is more Austrian School than Chicago School(
lNeoclassic). my view is, Chicago School has a problem of not being
consistant, meaning promotes free market yet favor some government
intervention. That is the fatal flaw of Chicago School. Astrian School, on
the other hand, bases its analysis consistantly on human behavoir, which I
believe can explain most of our problems. As for Keynesians, I wont call
it a school, only a bunch of thugs that sold their soul for |
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L****a 发帖数: 572 | 9 Your understanding may be wrong
Keynesian : both monetary and fiscal policy should be used
Chicago school : only monetary policy should be used, fiscal
policy shouldn't be used
Astrian school : neither monetary nor fiscal policy should be used
The history proved that pure market machanism does not work. Actually,
if we look at the history of recession. The number and duration of
recessions before 1900 are much more than those in the modern area.
School(
on
I |
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c*****r 发帖数: 8227 | 10 非常系统全面剥掉Obama、民主党人、凯恩斯主义者的画皮。Enjoy!
“To put it another way, the real roots of Mr. Obama's economic problems are
intellectual and political. The Administration rejected marginal-rate tax
cuts that worked in the 1960s and 1980s because they would have helped the
rich, in favor of a Keynesian spending binge that has stimulated little
except government. More broadly, Democrats purposely used the recession as a
political opening to redistribute income, reverse the free-market reforms
of the Reagan er |
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l****z 发帖数: 29846 | 11 29 OCTOBER 2010
Are you sick of the stupid political ads yet? I am. Unfortunately, I’m
fairly disengaged in the political scene right now because while I think the
Democrats need to be voted out, I’m not really excited about many of the
Republicans that are likely to fill the seats. I like a few, but by and
large, it’ll be more of the same.
Here is a good excerpt from a Buchanan column describing the scene:
Consider the critical issue facing America today – the budget and trade
deficits, the... 阅读全帖 |
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l****z 发帖数: 29846 | 12 As the national financial crisis deepens, it is becoming apparent that Obama
and his liberal Congress are not going to be able to deliver what they
promised.
When the money runs out – liberal economics falls apart. Liberal economic
only works when Congress can continue to spend more money than we have.
When the money runs out and Congress is forces to cut spending, the people
that have been doped into believing that Obama and the liberal politicians
will take care of them, will become very a... 阅读全帖 |
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l****z 发帖数: 29846 | 13 Friday, July 08, 2011
Voters remain strongly supportive of a free market economy over one
controlled by the government and still think small businesses are hurt more
than big businesses when the government does get involved.
A new Rasmussen Reports national telephone survey finds that 72% of Likely U
.S. Voters believe a free market economy is better than an economy managed
by the government. Just 14% think a government-managed economy is better.
Another 14% are not sure. (To see survey question... 阅读全帖 |
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l****z 发帖数: 29846 | 14 By Michael Barry
I keep thinking about Joe the Plumber. I went back and read the full
transcript of his dialogue with then-candidate Obama, in October of 2008,
right when all the awful things had begun to happen to the economy. It is
really an amazing exchange of views -- most amazing because no other
interviewer or media question-shouter ever got as much out of Obama about
his economic vision as Joe did. When Tom Brokaw later complained on Charlie
Rose that "We don't really know anything abo... 阅读全帖 |
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l****z 发帖数: 29846 | 15 Dr. Victor Davis Hanson拆穿奥巴马的各种此一时彼一时:2006年投票反对提高借贷
上限的奥巴马,现在说反对提高借贷上限是胡闹
Reckless Fiscal Policies”
Why did Obama only enumerate George W. Bush’s big spending as responsible
for the out-of-control $14 trillion-plus debt, while not mentioning his own
contribution of $5 trillion? Why is there a debt limit standoff now, rather
than, say, in 2009 or 2010? Why did this latest $1.6 trillion Obama budget
prompt the current crisis? Why did not Obama earlier start debt limit talks
the moment that his own... 阅读全帖 |
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p******o 发帖数: 9007 | 16 Pull out any economics book, it would explain very well to you.
Since you appear always such angry, I would spend a few seconds trying to
make you through.
Business owner would expand his business only when marginal benefit beats
marginal cost. If the consumer base is significantly limited, since the
scale of economics is not there, so not much extra benefit would be brought
in. So owners keep their business tight, or even shrink it further. Then we
would have a vicious "positive" feedback syste... 阅读全帖 |
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y****t 发帖数: 10233 | 17 我X,难以相信,居然到现在还有捧keynesian臭脚的.
被谁证明失败了?
被事实证明失败了.
obama的stimulusy印了多少钱?创造了多少工作?
paul krugman自己都已经被嘲笑的体无完肤了,
居然还有人捧他的臭脚.
for
takes |
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l****z 发帖数: 29846 | 18 October 2, 2011 - 3:59 pm - by Victor Davis Hanson
The Parting of the Clouds
In every literary, historical or cinematic masterpiece, times must grow
darkest before the sunrise and deliverance. Tolkien worked that classical
theme to great effect. A sense of fatalism overtook a seemingly doomed
Gondor — right before the overthrow of Barad-dûr and the dawn of a new
age of men. The historian Herodotus, in literary fashion, also brilliantly
juxtaposed the Greek collapse at Thermopylae (the... 阅读全帖 |
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l****z 发帖数: 29846 | 19 by Rossputin
In a typically-for-him brilliant article for Investors Business Daily,
Colorado Christian University professor (and friend of mine) Dr. Tom
Krannawitter, offers plain-English explanations of the difference between
money and wealth and simultaneously makes clear why Keynesian economics – i.e. Obamanomics – was always doomed to fail:
http://news.investors.com/Article/593250/201111301748/inequalit |
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l****z 发帖数: 29846 | 20 Forget 'clean energy.' Oil and gas are boosting U.S. employment.
o President Obama was right all along. Domestic energy production really is
a path to prosperity and new job creation. His mistake was predicting that
those new jobs would be "green," when the real employment boom is taking
place in oil and gas.
The Bureau of Labor Statistics reported recently that the U.S. jobless rate
remains a dreadful 9%. But look more closely at the data and you can see
which industries are bucking the jobless... 阅读全帖 |
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l****z 发帖数: 29846 | 21 By Monty Pelerin
Our economic problems rightfully dominate the news. However, they are
merely symptoms of a bigger, underlying problem: government.
For many, the previous paragraph is heresy. They "know" that government is
necessary and good. They "know" that government solves problems and brings
order to the chaos that would prevail in its absence. "They" are wrong!
Government has become little more than a carefully crafted myth based on
propaganda disseminated by government itself. It has... 阅读全帖 |
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l****z 发帖数: 29846 | 22 By Christopher Chantrill
I've been worrying for months about Romney and the Bain Capital problem.
How was Romney, if nominated for President of the United States, going to
deal with Democrats trying to hang Bain Capital layoffs round his neck?
Paul Kengor goes into great detail on this.
This week Mitt Romey, in an "informal" campaign plane interview, showed us
how it is going to be done. Said he:
Well, I'd like to look at Barack Obama's record, and so as we talk about
my experience in the... 阅读全帖 |
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l****z 发帖数: 29846 | 23 欧洲的选民周日通过选票再次向他们的领导人发出了责难,因为欧洲领导人未能解决导
致大部份欧洲国家经济下滑的债务危机问题。
不过,欧洲人到底希望他们的政府采取何种措施目前却不是很明确。从希腊到法国,现
任领导人先后下台,他们都落得了与前西班牙和意大利领导人同样的命运,但这些国家
的继任领导人可能会发现,很难实施大幅偏离德国倡导的、以紧缩政策为中心的政策。
由于德国是目前欧洲唯一发展状况良好的经济体,因此德国的支持对于欧洲政策方向的
任何改变都是不可或缺的。而由于担心在国内遭到民众的抵制,德国总理安格拉•
;默克尔(Angela Merkel)和她所领导的政府近几周以来已表示,无论谁在周日的选举中
获胜,他们都不会在紧缩政策方面松口。
默克尔联合政府中的小党派自由民主党(Free Democrats)的金融政策专家Volker
Wissing表示,德国在上述问题上的态度将与以前一样强硬。Wissing称,德国是在为欧
元的稳定而战,德国绝不会做有损于欧元的事情。
市场也给欧洲的政策带来挑战。从市场上再次出现的动荡来看,投资者依然对欧洲是否
能够解决自身债务问题并维护欧元的完整性持怀... 阅读全帖 |
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l****z 发帖数: 29846 | 24 François Hollande, the new French president
6 May 2012
The French have just confirmed their political creativity. In other Western
democracies, a presidential election leads to the clear-cut victory of one
candidate over another, along with the endorsement of a more or less
predictable program. Not so in France. On April 22, the elections’ first
round, French voters were free to choose from among ten contenders,
including Trotskyists, radical ecologists, and a representative of America’
s L... 阅读全帖 |
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n******e 发帖数: 43 | 25 Professor Warren is NOT an economist. She is a lawyer by training. Her
political view is far far left even for liberal democrats.She is running for
senator in MA and she is appealing to her base.
I consider myself a fresh water economist. To me Keynesian economics is
proven wrong both theoretically and empirically. The elusive multiplier
effect of government spending, or in OB's work government "investment", does
not exist. Whatever effects the spending has, it is undone with spending is
withdra... 阅读全帖 |
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A******y 发帖数: 2041 | 26 I have a economics degree does that make me a economist (also have a science
degree)? I disagree (that make your statement wrong; btw, Nobel winner
Krugman also disagree)! I don't know where you get your information, but
Keynesian is not wrong. It require modification but hardly wrong. As for "
elusive multiplier effects," huh, it is well documented in the freaking
economics textbook. If you want to talk about elusive effects in economics
or politics, you should talk about "minimum wage eff... 阅读全帖 |
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d*****s 发帖数: 5610 | 27 John Taylor当然是macro的,可是你不会不知道他本来就是共和党的,在Bush政府里面
也做过事,他讲的自然有一定bias。
但是即使你take他写的,你把他现在说的,和当时他对宏观做贡献的最出名的paper和
论点,一个是staggered wage setting,另一个是Taylor rule,你会觉得他很滑稽,
他一辈子最出名的就是在帮助建立New Keynesian Macro的微观基础,他一辈子最出名
的就是在justify货币政策可以work,并且引申出taylor rule。现在他倒反过来说联储
政策有问题,不effective。你会不会觉得他很滑稽? |
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g***y 发帖数: 1268 | 28 Keynesian在现在这时候还有用么?我怀疑。
从现实来讲,美国现在哪里还修的起路?不是说修路多贵。征地征不起。就连在middle
of nowhere修管线,都弄不起来。加州高铁那个预算编的叫吓人。再说需要那么多新
路么?日本搞这套,搞了好多年了,乡村公路都修的等级特别高,根本没人走,都是浪
费。
如果目的是为了让广大劳苦大众多点钱,那就别层层盘剥,挂什么修路的名目,直接美
国每人每年发两万,保证没人生活在贫困线以下。
如果是为了“jobs”,我就想起来Gary Johnson的argument。他说美国在老罗斯福手上
修巴拿马运河,为了"jobs",不用机器挖,而是用铲子挖,他说,那为什么不用勺子挖? |
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s****r 发帖数: 5546 | 29 More economists talking about Krugman:
According to Harvard professor of economics Robert Barro, Krugman "has never
done any work in Keynesian macroeconomics" and makes arguments that are
politically convenient for him.[191] Nobel laureate Edward Prescott charged
that Krugman "doesn't command respect in the profession", as "no respectable
macroeconomist" believes that economic stimulus works. |
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y**c 发帖数: 49 | 30 talk is cheap, show me the link please.
As far as I know, Krugman is a Keynesian and he spoke against the
derregulation long before the 2008 financial crisis. BTW the 2008 finanical
crisis is not only about the housing, it is more about derivatives which
caused the majority of the damages. |
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S**C 发帖数: 2964 | 31 Government should serve as a counter-cyclic force in economic cycle, that is
, raise tax and cut spending in good time, while cut tax and increase
spending in bad time. But Keynesian economics in its original form is
difficult to impossible to implement as it is against human nature. Nobody
want to have higher tax and reduced goverment spending in good time.
- |
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l****z 发帖数: 29846 | 32 Denver Post Criticized For Removing 'Socialist' Description Of Colorado
Shooter
December 16, 2013, 1:20 PM EST4743
The Denver Post is facing criticism from conservatives after updating a
story that originally labeled the Colorado high school gunman a "Socialist."
In a story first posted late Friday, the newspaper cited a student at
Arapahoe High School who described the ideology of Karl Pierson, the 18-year
-old who shot two students before turning the gun on himself.
"Thomas Conrad, who had an ... 阅读全帖 |
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l****z 发帖数: 29846 | 33 Political Correctness
Politically Incorrect writes ....
Hi Mish,
I live in Germany and see firsthand how it is politically incorrect to
question our current refugee policy. If you do not stand by it 100%, then
some consider you a right wing radical or a neo-Nazi.
Nobody bothers to differentiate between persecuted refugees and economic
refugees. I suspect most are actually economic refugees, and by the German
law would have to be deported after their applications for asylum are denied... 阅读全帖 |
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l****z 发帖数: 29846 | 34 德经济学家预测难民会让德国耗费9000亿欧元
German Economist Concludes Refugees Will Ultimately Cost Germany 00
Billion
In contrast to the absurd Keynesian position that refugees will pay for
themselves via higher growth rates, German economist Bernd Raffelhüschen
estimates that over the long haul Refugees Will Cost Germany 00 billion.
Via translation ... Bernd Raffelhüschen, director of the Research Center
for Generational Contracts totals the cost of all government spending on
refugees, including social insurance,... 阅读全帖 |
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g********2 发帖数: 6571 | 35 Stephen Moore : Hillary’s Economic Plan Would Lead America OFF A CLIFF
By Stephen Moore
One of the dumbest statements in modern times was Speaker of the House Nancy
Pelosi’s declaration that “the best way to stimulate the economy” is
through food stamps and unemployment insurance.
This economic mumbo jumbo defies basic common sense and helps explain why we
still have more than 40 million Americans on food stamps — evidently, the
more that get free food, the more prosperous we become. This is the... 阅读全帖 |
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c*****n 发帖数: 14445 | 37 笔者企望在本篇将通过比较民主党和共和党的历史起源,政治理念来解释两党政策方面
重大区别的背景原因,同时也比较两党主政时期的实绩,以事实和数据来比较哪一个政
党的理念和政策更加有效。
1993 - 2016 两党相持不下的僵局
最近的24年,表面上是民主党(克林顿和奥巴马)占据优势,入主白宫16年,共和党只
有小布什的八年。但是在国会,同时掌控参众两院,共和党占了14年,民主党只有6年
,另外4年是民主党控制参议院,共和党控制众议院。
再具体分析,克林顿和奥巴马都是只有在他们八年中的前两年是获得由民主党同时控制
国会两院的支持,而小布什的前六年都是由共和党控制国会两院。这就是说,克林顿和
奥巴马其实是只有两年的时间来推行实践他们的治国理念和竞选诺言,而小布什则有足
足六年的时间。
历史偶然吗?
那么在2001-2007年,共和党保守主义在美国完全一党独大(美国最高法院则至少从
1991年开始直到今年二月极端保守派的Scalia去世,保守派已经控制了25年了)的结果
是什么?是2007-2008的全球金融崩溃,和由此引发的二次大战结束以来最严重的经济
大萧条。
部分读者可能会说这是偶然的吧... 阅读全帖 |
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发帖数: 1 | 39 这是2017年的旧闻
By Dylan Matthews on September 12, 2017 5:00 pm
希拉里·克林顿(Hillary Clinton)在竞选回忆录《发生了什么》(What Happened)
中最令人震惊的一段话中,揭示了她与员工共同制定但从未实际发布的竞选建议:由碳
和金融交易税资助的美国人的普遍基本收入。
她在接受Vox的埃兹拉·克莱因(Ezra Klein)采访时说:“我非常想传达一个承诺,
试图找出增加收入的方法。” “阿拉斯加模型每年都会根据有关石油和天然气收入的
公式向每一个阿拉斯加人写一张支票,这对我来说真的很有趣。”
这是本书的相关段落,第239页:
在竞选总统之前,我读过一本书,作者是彼得·巴恩斯(Peter Barnes)着的《为所有
人带来自由和红利:如何在工作不足时挽救我们的中产阶级》一书,探讨了创建一个新
基金的想法,该基金将利用共享国家资源以向每个公民派发红利,就像阿拉斯加常设基
金每年如何分配该州的石油使用费一样。共享的国家资源包括从公共土地中提取的石油
和天然气以及广播公司和移动电话公司使用的公共无线电波,但这只能使您走得... 阅读全帖 |
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a*****i 发帖数: 4391 | 40 现在的leading economy doctrine是keynesian。
http://en.wikipedia.org/wiki/Keynes
http://en.wikipedia.org/wiki/The_Keynesian_Resurgence_of_2008_/_2009
The Financial crisis of 2007-2008 cast doubt on the free market consensus,
though many argue that markets have not been free since the Sherman Anti
Trust Act of 1890. In March, free market guru Martin Wolf, chief economics
commentator at the Financial Times, announced the death of the dream of
global free-market capitalism, and quoted Josef Ackermann, ch |
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a*****i 发帖数: 4391 | 41 实在是太长了,所以我没copy/paste过来。
Big fix.
http://www.nytimes.com/2009/02/01/magazine/01Economy-t.html?pagewanted=1&fta=y
这篇文章解释了欧巴马政府的Keynesian thinking,回答了很多同学的问题。
譬如说
How do we pay off the huge debt we are going to borrow to help with the
economy crisis.
And it also explains some of challenges the Obama government is going to
face, namely, the healthcare, and the green jobs.
It doesn't sugarcoat the stimulus plan. There is no 100% ensurance that this
plan will work as good as the Obama government adve |
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N********n 发帖数: 8363 | 42
It's the failure of central bank planning Keynesian economy which is a
hybrid of socialism and fascism. |
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S*********g 发帖数: 24893 | 43 【 以下文字转载自 StephenKing 俱乐部 】
发信人: StephenKing (金博士), 信区: StephenKing
标 题: 不系安全带,John Nash今天车祸死了
发信站: BBS 未名空间站 (Sun May 24 11:17:59 2015, 美东)
John Forbes Nash, Jr.
Born June 13, 1928
Bluefield, West Virginia, U.S.
Died May 23, 2015 (aged 86) [1]
Residence United States
Nationality American
Fields
Mathematics
Economics
Institutions
Massachusetts Institute of Technology
Princeton University
Alma mater
Princeton University
Carnegie Institute of Te... 阅读全帖 |
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n******n 发帖数: 12088 | 44 【 以下文字转载自 Investment 讨论区 】
发信人: armor (我爱宝贝纯纯), 信区: Investment
标 题: 透视巴菲特式投资心理:招招针对人性弱点 (ZT)
发信站: BBS 未名空间站 (Wed Aug 8 12:35:55 2007)
2007年08月08日 第一财经日报
作者 高松
巴菲特法则是沃伦·巴菲特42年成功投资生涯一直秉持的不二法则,核心精髓包括
价值投资、边际安全原则、集中投资组合、长期持有股权等,秉持巴菲特法则的投资者
如凯恩斯(Keynesian)、芒格(Monger)等都获得超越大盘的投资回报。考虑到美国股市
在过去20年增长10倍的大牛市背景下,仍然有90%的投资者未能盈利的严峻事实,长期
获得超越大盘的投资回报几乎是不可能完成的任务,历史证明巴菲特法则是投资界的黄
金法则。
然而,尽管巴菲特法则为广大投资界人士所熟知,但成功应用巴菲特法则获得成功
的人还是凤毛麟角。其原因到底何在?
巴菲特法则执行的最大难点在两个方面,一是对人类本性的理解与超越,二是对投
资价值判断的专业性。前者涉及人类心理的奥秘,后者涉及对股票背后商业运营的 |
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m***e 发帖数: 428 | 45 华人社会里的西方社会科学
丁学良
一 引言
自从一九八○年代中期以来,笔者有机会在数所大学和研究院里任教、作研究或参与短
期学术交流项目。这些大学和研究院分别属于三个华人社会——香港、中国大 陆和台
湾,及两个西人社会——美国和澳大利亚。本文便是基于我在这些教育和学术机构里讲
解社会理论和比较社会学时对学生的观察和思考。在行文讨论中,我会 作两个层次上
的比较:把华人学生与西方学生进行比较,和把不同华人社会里的学生进行比较。前一
层次上的比较有助于凸现在非西方社会及文化背景下成长起来的 华人学生,在接受西
方社会科学过程中遭遇的一系列特定的困难。后一层次上的比较则有助于我们更仔细及
深入地分辨出这些特定的困难之根源何在。这里所说的 “学生”是广义的,包括社会
科学的新从业者。
简要说来,这些特定的困难有三方面的根源。其一是语言性质的 (linguistic,包括翻
译技术) 。有一些西方社会科学的概念和术语,很难在中文里找到对等物,即便被费力
地译成中文,扭曲的程度也颇显著,往往不是启发而是蒙蔽和误导了读者(包括学生) 。
第二个方面的困难根源是本体性质(ontological),即... 阅读全帖 |
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N********n 发帖数: 8363 | 46 Bernanke has set up so big a fire w/ this "quantitative easing"
Keynesian bullsh*t now his own @ss is smoked. Foreign investors
sold off T-Bonds hard this week b/c they were sick of government
monetizing own debt and deficit spending.
This is a yellow card to Bernanke. If Bernanke remains hellbent
on buying more T-Bonds, foreign investors will turn it into a
red. Once massive sell off breaks out, US "Ponzi" Bond market
would collapse the same manner that Nasdaq went down eight years
ago and hous |
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N********n 发帖数: 8363 | 47
Funny how Keynesian ecnomists keep on saying free market cannot do it
so government has to intervene after truck load of their screw ups.
Look at Fannie & Freddy, two government sponsored enterprises. Their
original purpose was to make housing affordable. What about now? Well,
F&F were the driving factor behind the housing bubble. They pushed it
up and then crashed both the market and themselves.
How would a free market handle the current mess? Well, since there's
an oversupply of houses, the p |
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N********n 发帖数: 8363 | 48 【 以下文字转载自 Stock 讨论区 】
发信人: NeverLearn (24K Golden Bear), 信区: Stock
标 题: Aussie pushes 40% tax hike on miners
发信站: BBS 未名空间站 (Mon May 3 01:32:19 2010, 美东)
WHOA! What happened? Has Hugo Chavez invaded and taken over Australia?
Chairman Mao's pipe dream "red flags all over the world" has materialized
finally thanks to globalization of Keynesian jihad economics.
Australia will impose a 40 percent tax on the profits of resource companies
like BHP Billiton Ltd. and Rio Tinto Group to pay for infrast |
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h*******y 发帖数: 864 | 49 Do you go to bed every night after praying for double dip recession?
It's not that I think the double-dip recession won't happen. In fact, it is
now more likely than ever given that G20 has recently ditched their
collective commitment to Keynesian deficit spending in favor of fiscal
austerity. But I just find that you are so bearish that you only read
bearish news and viewpoints. |
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N********n 发帖数: 8363 | 50
When you put 2 and 2 together, you get 4. You don't need to pray for it
to be 4. It's science. You know it has to be 4.
When you see a nation, after already digging self deeply in debt, going
out for one more desperate wasteful Keynesian Hail Mary spending spree,
you know it has to end up with a collapse / double-dip / depression ...
It's simply science. |
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