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Radical action needed to curb US economic downturn - ABC News (Australian Broadcasting Corporation)

Avatar Posted by DialecticBlue 205 days ago (http://www.abc.net.au)
Category: politics | Tags: economic america crisis
In a well reasoned analysis of the current economic dilemma, or can we call it a crisis now, Professor Keen pointed out that at some point the level of debt cannot be increased. He also pointed out that Bernan Radical action needed to curb US economic downturn - ABC News (Australian Broadcasting Corporation)
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DialecticBlue: World War III, anyone?

Avatar Posted by DialecticBlue 205 days ago (http://dialecticblue.blogspot.com)
Category: politics | Tags: economc crisis america bernanke
However, I would beg to differ on that point with Professor Keen. From my reading of history, it was WW11 that bought the world out of the Depression. Suddenly the banks found all the money and liquidity that DialecticBlue: World War III, anyone?
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