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Re: Time for a Crash
Quote:
Originally Posted by Adder
One thing that's abundantly clear if you listen to business people talk about the economy: most haven't the first tiny shred of a clue about how the macroeconomy works. They know how their business works (sometimes). They don't know how the economy works.
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The same is true of most politicians, and most economists seem to shelve what they really think in order to support their side's political talking points.
eta: I still haven't forgiven Obama for his pivot to austerity.
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“It was fortunate that so few men acted according to moral principle, because it was so easy to get principles wrong, and a determined person acting on mistaken principles could really do some damage." - Larissa MacFarquhar
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