The Liberty Guardian
May 23rd, 2012
eToro

The Best Of Clarke And Dawe’s Economic Satire

The funniest clips from Australia’s John Clarke and Bryan Dawe’s economic and political humor

Keynesianism Delivers a Decade of Zero

by Ron Paul

This past week we celebrated the end of what most people agree was a decade best forgotten. New York Times columnist and leading Keynesian economist Paul Krugman called it the Big Zero in a recent column. He wrote that “there was a whole lot of nothing going on in measures of economic progress or success” which is true. However, Krugman continues to misleadingly blame the free market and supposed lack of regulation for the economic chaos.

There Is No Way Out Of This Box

by Karl Denninger

Go ahead folks – tell me how we can simply ignore this. How we can pretend that the outstanding debt does not have to come back down to reasonable levels. That these levels are “reasonable” – and that these rates of growth are “reasonable.”

This is the “magic of compounding” writ large – and in a fashion that is going to inflict severe pain on our population – and the longer we wait to deal with it, the worse it will be.