A Malthusian Catastrophe, Black Swan Event in the Forth Turning during a Kondratiev Winter skipping down the Road to Serfdom

[Assarax]

Originally Posted by Sinatra

The man speaks truth, it is very concerning. It is worrying that the trend is similar across a lot of western nations, but even if they don't suffer the same fate, the fallout from the U.S will spread and cause havoc across Europe which will in turn effect Asia and before we know it everything has gone tits up.

But... tits are good. Especially when they are up.

[Melidan]

Originally Posted by tom the pit leader

my econ TEACHER tried to tell us that because GDP is up, and inflation is 0, and the jobless rate is stablizing at 9.9%, that we have achived our macroeconmic goals.

I was not able to tell him that he was full of shit.

Tell him Keynesianism is bullshit.. Austrian Economics ftw!