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: war, Debts, civil war, defraud, deledefs, von Mises, destruction, financial tsnuami, businessss cycle, dependence
well or you can name is political theatre time. If it wouldn’t be so serious one could sit back and enjoy the show. Anyway the US democrats and republicans will simply raise the debt barrier again and so the so called fiscal cliff will just vanish like snow in the sun. Nothing will change, the fact that...
Well we learned the Greek do not want to pay their debt any more. Ah well it fits. Who cares about contracts? Who cares about saving in time? Who cares if the states sprawl epidemic? The socialists of all color are at work. We know that from the diverse books ob von Mises (in this case Bureaucracy )...
even if not for all to long. What has Obama said before he was voted? What of these things has he fullfilled? If you find he has delivered what he promised, vote for him again. If you think he has delivered too less. Just do not vote for him. It's everyones decision to vote for or against some candidate...
in his past tries to win this election (which unfortunately he did win) His motto was: "Yes we can" I was always puzzling, "what the hell does he mean with "we caan" ". And now I know. He just mises a few little words. Yes we can, make more debts". And they do, they...