Perhaps the economy is just going through a massive dead cat bounce? I suppose the Keynesian pump will work for just a wee bit more before another dump. In fact the Feds announced the "double it" approach in regards to QE. A cyclical pattern of more money and shorter booms is becoming more evident. Can't wait to see what happens when the QE totally decouples and sends the next bounce 6 feet into the red.
Last edited by seraphson; 12-07-2012 at 09:34 AM.
Science is more than a body of knowledge. It's a way of thinking. A way of skeptically interrogating the universe. If we are not able to ask skeptical questions...to be skeptical of those in authority...then we're up for grabs.
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- Libertarians need to stop deluding themselves that people WANT them. They don't. They wont free healthcare, free soc sec, free meds, free education,...at anyone but themselves expense.
- Fiat Banking - Your supply of capital is limited to whatever arbitrary limit those who have limitless currency resources allow.
- If you don't want the mafia, don't disgrace yourself by paying the mafia.