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Two entries on the zerohedge log: http://www.zerohedge.com/news/2013-01-12/guest-post-social-security-system-already-broke and one that leads me to: http://www.zerohedge.com/contributed/2013-01-13/ceo-german-multinational-costs-monetary-are-union-too-high That’s the difference between states and firms...
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Well it can not surprise an Austrian but it may be the "unthinkable" for the current main stream voodo economists. Just some things about Europe: http://www.zerohedge.com/news/2013-01-09/20-facts-about-collapse-europe-everyone-should-know It surely shows how the credit expansion break down...
Posted to
F Dominicus Blog
by
Friedrich Dominicus
on
Thu, Jan 10 2013
Filed under:
Filed under: war, Debts, civil war, defraud, deledefs, von Mises, destruction, financial tsnuami, businessss cycle, dependence