TARP and unemployment

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TARP and unemployment

Postby frang0nve » Sat Sep 12, 2009 8:54 am

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Postby PTG » Sat Sep 12, 2009 5:24 pm

Well well what a surprise. It didn't work. I bet none of these jokers have ever heard of the Broken Window Fallacy by Frédéric Bastiat either.

Talk about more f-ups: have a look at the website of The Tickerguy (Karl Denninger). He produced this mind boggling graph:



Does anybody see a massive brick wall coming up in front of the train ? Warning, dead end, DEAD END ! Jump !

All these Keynesian jokers in governments are occupied with is to print and borrow more money to put into the economy through government intervention. It won't work, it has never and it will never. Lower the hatches, big time..

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