Subj : Re: Recession to Depression
To   : Kaelon
From : Arelor
Date : Tue Jul 12 2022 02:56:04

  Re: Re: Recession to Depression
  By: Kaelon to Andeddu on Sun Jul 10 2022 08:41 am

 >  > between tax revenue and outgoings year on year without creating problems
 >  > down the line. Well they are evidently wrong and the horror show numbers
 >  > along with the soon-to-be massive rise in unemployment proof in the pudding.
 > 
 > Once again, I agree. This short-term thinking is inherent to hyper-capitalist plann
 >  Considering the example I gave in software, so much private equity and venture cap

I always hear Capitalism blamed for any politics involving growth at any cost, but
when I talk to Keynesians I always think the concept of shorterm growth at any cost
is a Keynesian one.

I had a lot of this stuff in 2008-2009. People was blaming Capitalism for causing the
crisis with growth at any cost politics. Then you talked to Keynesians and their
solution for the crisis was to print lots of money and give it away to the population
so they could keep on spending and spending in order to keep the consumist wheel
turning.


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