Sunday, Oct 18, 2009
Roger Bootle on the economy
Observer: Modern academic economics 'a disaster and a disgrace'
Bootle has a new book out. He expects deflation, house price falls and wants a new global currency
Posted by letthemfall @ 09:57 AM (520 views) Add Comment
4 Comments
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1. chrisa said...
'But, recognising the emergence of China and the relative decline of America and the dollar, he proposes a new global currency, overseen by a global central bank.'
Here we go again. Bootle reveals his true colours. The guy is a fully paid up member of the One World Globalisation NWO brigade. No doubt he means the IMF as the worlds central bank, how lucky then that Brown and the other NWO clones recently managed to acquire massive new funding for the IMF presumeably to enable it to do this new role when it happens.
People were warning years ago that all this was going to happen on the back of a manufactured economic crisis and were labelled crackpots. How could no one see the crisis coming? They could but were told to look the other way....................
2. crunchy said...
You tell um chrisa.
There will be some here that will rationalise their own eventual imprisonment and still not complain or be aware of it..
The disadvantage of possessing a rational mind when trying to make sense of the global megalomaniacs agenda.
Do yourself a favour first chrisa.
3. icarus said...
The headline is correct, but it applies to Bootle too. Deregulation and "free" markets are tools of the kleptocracy, not some ***king theory coming out of a university.
4. icarus said...
chrisa - I think Brown et al wanted more funding for the IMF so that it could lend to debtor countries to prevent defaults and the resulting hits to western banks. As long as those countries don't default the loans are still counted as current and as sound assets on balance sheets. It's just another blood tranfusion for the corpse.