Posted by: panokroko | July 15, 2011

Any Keynesians out there?

‎”We have involved ourselves in a colossal muddle, having blundered in the control of a delicate machine, the working of which we do not understand.”

– John Maynard Keynes

Yours,

Pano

PS:

The others are all afraid to tell what’s what.

And still the humility of plain truth,

is the one quality we desperately need right about now.

PS2:

Somehow this lesson wasn’t learned by the European leaders through this painful defenestration of the Euro.

PS3:

One can only hope that calmer brains prevail in Washington before the US debt becomes too uncertain, interest rates rise and the dollar gets trashed.

Then again that’s not such a bad plan — to bring jobs back home in a real hurry.

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