link: http://bit.ly/1hMI0GR
Hot And Trending...
Trending
- @Macrotots Yep, Its the what have you done for me lately mentality. Also Dems will argue Obama deficits were necessary to get us out of recession, but that Trump deficits caused problems as the economy was growing when they were run up.
- @RJChancey Times are not very good. That is exactly what Republicans were claiming just before the 2008 financial crisis. We are actually in worse shape now than we were then, and headed for an even greater economic crisis.
- Given how large past #Republican deficits have been relative to the initial rosy projections when the goal was to balance in 10 years, imagine how much further off the mark #Trump's deficits will be when even the pretense of eventual balance has been dropped!
- The higher Dec. trade deficit likely mean last quarter's low #GDP number will be revised even lower. It also likely means that GDP growth for all of 2017 may be less than the average annual growth rate experienced during Obama's 2nd term. But hope springs eternal for 2018.
- June factory orders rose 1.8%, but fell year-over-year for the 8th consecutive month, the longest losing streak ever outside of a recession!
- (1/2) Global stock markets are now nearly as oversold as at the market low in October 1987. Expect a powerful and tradable rally of 20% or so from here. Cover all shorts and go long the most oversold stocks. However, do not expect new highs.
- Ron Paul's Economic Myth Busters: Inflation & Capital Creation @SchiffGold http://bit.ly/1NosMPY
- China's Economic Troubles Start to Spread
- Former Dallas Fed Pres. Richard Fisher throws former colleges under the bus in CNBC interview. He said "don't blame me I voted against QE3"!
- Malinvestment and the Austrian Business Cycle, as explained by Yogi Berra
Sunday, August 30, 2015
Are most Austrians unwilling to claim "the government can make the economy worse"?
Walter Block, in the video posted below, says that, since you can't make interpersonal utility comparisons. So if any government policy makes one person better off, you can't say it's a worse outcome. https://www.youtube.com/watch?v=wHIm2NRvcAQ around 36:30