A good video to watch, and an excellent dress-down of the kind of sociopathic personalities that pass for economists these days. Actually, “kill all the poor” is not a novel concept of how to increase per capita wealth. In the past century and some, we have had all kinds of such schemes, from eugenics to free abortions to family quotas (and forced abortions). As we are now in another manufactured depression that languishes into its eighth year, we come to a crossroads of thought. We can either be hoodwinked again into more Raw Deal nonsense and then settle into another decade of poverty. Or we can consider deciding not to take it any more and telling these sociopaths where to go with our votes, our TV remotes, and our wallets.
No, WWII Did Not End The Great Depression. Idea that war is good for the economy is a fallacious argument based on incorrect economic data
Image Credits: Jerry J. Jostwick via the National Museum, Wikimedia Commons
June 18, 2014 by by Corbett Report
The idea that the Great Depression was finally brought to an end by the onset of WWII has been a staple of history textbooks, documentaries and various war propaganda for decades. This myth continues to be perpetuated to the present day.
The idea that war is good for the economy is, needless to say, a fallacious argument which itself is based on incorrect economic data.
06/14/2014 by Tyler Durden
It is no secret that as the Fed’s centrally-planned New Normal has unfolded, one after another central-planner and virtually all economists, have been caught wrong-footed with their constant predictions of an “imminent” economic surge, any minute…
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