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Originally posted by Ecthy
You show me where I was making such a silly insinuation. PH however stated he'd be happy no matter what. I showed the logical error to his statement. Now I want him to apologize to all peace-loving people on this planet. Everything is not OK even if his socio-economic welfare is. Kissez mon derriere, garcon! ![]() |
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Originally posted by AAHZ
you must learn the fundimental basics of trollism, Etchy.. 1) piss multiple people off 2) act like you are teh LORD of all human beings 3) be able to post in any forum conceived and start flame wars. 4) your name should be greater than your actual posts you are a small time-petty criminal here, no offense. Not teh level of Wiggy, Moby, or EoN anyways... ![]() ![]() |
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Originally posted by Barnabas
![]() The approach of Bush for avoiding a recession is absolutely Keynesian, he will spit 145 thousand million dollars so that yankee carpenters and plumbers can keep spending above their means. I actually agree with Bush and I would do the same. What bothers me is that first world countries do that and no one minds, but when third world countries face an economic crisis and the state tries to give the economy a stimulus, they get called populists (to say the least offensive thing) by the economic magazines, the imf etc etc I think third world countries should stop following the advices given by the first world, and should start following the examples given by the first world. No rich country tries to get out from a recession by increasing taxes, firing state employees, less spending and all the things required in structural adjustments. Thanks God daddy state is always there to save capitalism from its periodical crises You've got your Keynesian economics a bit mixed up. First, Bush is a supply-sider mostly. Second, Keynes never made any proposals for third world economies. His theories are economic recovery theories, not development theories. |
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Originally posted by Barnabas
I think third world countries should stop following the advices given by the first world, and should start following the examples given by the first world. No rich country tries to get out from a recession by increasing taxes, firing state employees, less spending and all the things required in structural adjustments. Those Third-World countries who have ignored the advice of the World Bank and the IMF (namely China, India and Argentina) have done very well. It's the countries that follow the advice that remain mired in poverty. |
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