Jump to content
House Price Crash Forum
Sign in to follow this  
_w_

Former Assistant Secretary Of The Us Treasury Dr. Paul Craig Roberts

Recommended Posts

"...one cannot imagine a worse economic outlook than the US confronts at this time. I would say it is equally as bad, if not worse than what Gorbachev faced in the Soviet Union in his final days."

Not the words of that oft vilified crackpot General Congreve, but the words of former Treasury Official, Paul Craig Roberts.

Viva la Dollar and all who hold her as collateral. :unsure:

Share this post


Link to post
Share on other sites

The fact that this guy was part of Regan's team does make him a lot more credible when he attacks the neo cons- and nice to hear the economics 'profession' listed amongst the dogs that did not bark.

Reading the economist even now is like taking a trip in a time machine back to supply side heaven. There is zero humility, zero insight and zero intellectual integrity- the near meltdown on their world already a minor glitch in the rear view mirror- which I suppose it is for the financial community- it's everyone else who is in deep shite.

Share this post


Link to post
Share on other sites

The fact that this guy was part of Regan's team does make him a lot more credible when he attacks the neo cons- and nice to hear the economics 'profession' listed amongst the dogs that did not bark.

Reading the economist even now is like taking a trip in a time machine back to supply side heaven. There is zero humility, zero insight and zero intellectual integrity- the near meltdown on their world already a minor glitch in the rear view mirror- which I suppose it is for the financial community- it's everyone else who is in deep shite.

I agree with you about the Economist. It's become a joke but then it's now riddled with fans of MMT and globalisation. Buffoons.

Share this post


Link to post
Share on other sites

I agree with you about the Economist. It's become a joke but then it's now riddled with fans of MMT and globalisation. Buffoons.

Then again, you get a good idea of what TPTB are aiming for and trying to achieve. Misinformation can be information if interpreted correctly.

That's me on a good day, on most day I would just be p*ssed off.

Share this post


Link to post
Share on other sites

The fact that this guy was part of Regan's team does make him a lot more credible when he attacks the neo cons- and nice to hear the economics 'profession' listed amongst the dogs that did not bark.

perhaps youd like to give a precis of the difference between Reagan policies and Dubya (apart from joining the ponzi scheme early rather than late in the game), its no wonder politicians will always kick the can where they can when the popn will only ever blame the poor schlep holding the baby when it goes t!ts up

Edited by georgia o'keeffe

Share this post


Link to post
Share on other sites
perhaps youd like to give a precis of the difference between Reagan policies and Dubya (apart from joining the ponzi scheme early rather than late in the game), its no wonder politicians will always kick the can where they can when the popn will only ever blame the poor schlep holding the baby when it goes t!ts up

My point is that this guy cannot be accused of being some bleeding heart 'socialist'- not with his background- so this lends his critique more weight than if it came from what passes in the US for the 'left'.

Share this post


Link to post
Share on other sites
Then again, you get a good idea of what TPTB are aiming for and trying to achieve. Misinformation can be information if interpreted correctly.

That's me on a good day, on most day I would just be p*ssed off.

Yes- I suppose you could read it symptomatically - like perusing the diary of a sociopath.

I recently read a nice critique of the Economist that made the point that there is this weird editorial convergence effect- in that no matter what the issue or problem under discussion might be the suggested solution was always the same- less regulation and lower taxes.

The cure for cancer, according to the Economist, is, apparently, less regulation and lower taxes. :D

And while I wrote that line as a joke I have a horrible feeling that if I went looking I could probably dig up an economist piece that would argue that cancer research could be boosted by less medical research regulation and lower taxes on big Pharma. :blink:

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.