Hang 10... or as they now say...hit the lip!

2nd Light Forums
Decrease font size
Increase font size
Topic Title: modern monetary theory in a time of plague
Topic Summary: America is Committing Economic Suicide
Created On: 04/07/2020 07:46 AM
Linear : Threading : Single : Branch
Topic Tools Topic Tools
View topic in raw text format. Print this topic.
 04/07/2020 07:46 AM
User is offline View Users Profile Print this message


dab

Posts: 1035
Joined Forum: 08/08/2003

" You are watching an economy begin to die. That, my friends, is what economic devastation looks like. It says that unemployment claims skyrocketed to 7 million last week. That's a number so high, so fast, that there's no parallel in all of recorded history - even remotely.".


The American Economy Is About to Die From Coronavirus

MMT PRIMER

-------------------------

Great minds discuss ideas; Average minds discuss events; small minds discuss people.



Edited: 04/07/2020 at 02:21 PM by dab
 04/07/2020 07:51 AM
User is offline View Users Profile Print this message


StirfryMcflurry

Posts: 2533
Joined Forum: 08/17/2016

not dead, it's restin.

-------------------------
pick up my guitar and play, just like yesterday
 04/07/2020 08:08 AM
User is offline View Users Profile Print this message


dab

Posts: 1035
Joined Forum: 08/08/2003

Originally posted by: StirfryMcflurry

not dead, it's restin.


Can't say I agree or disagree with certainty.

But, dumping Keysian Economics and applying MMT might be a worth trying. Infrastructure rebuild funding starting with creating a public hospital system, public health clinics, VA health system upgrade/update etc. would be a jobs creator.

-------------------------

Great minds discuss ideas; Average minds discuss events; small minds discuss people.

 04/07/2020 09:38 AM
User is offline View Users Profile Print this message


RustyTruck

Posts: 23507
Joined Forum: 08/02/2004

If only all the wealth created in the last 30 years hadn't fallen into the hands of 1% of the population, we might be able to take a hit without going tits up.



-------------------------
"A party for whom everybody votes except that minority who know what they are voting for, is no more a party, than the tongue in which babies of all countries babble is a national language."
 04/07/2020 10:55 AM
User is offline View Users Profile Print this message


scombrid

Posts: 15115
Joined Forum: 07/24/2003

Best of all, the biggest most recent handout in the form of the McConnel/Ryan great tax giveaway of 2017 really did do in their pockets. They didn't put a dime back into the companies and now they have their hands out because their companies are at risk of failing.

-------------------------

...

 04/07/2020 10:59 AM
User is offline View Users Profile Print this message


RustyTruck

Posts: 23507
Joined Forum: 08/02/2004

http://neweconomicperspectives...ry-theory-primer.html

Fixed link

-------------------------
"A party for whom everybody votes except that minority who know what they are voting for, is no more a party, than the tongue in which babies of all countries babble is a national language."
 04/07/2020 02:22 PM
User is offline View Users Profile Print this message


dab

Posts: 1035
Joined Forum: 08/08/2003

Originally posted by: RustyTruck

http://neweconomicperspectives...ory-primer.html



Fixed link


Thank you for the fix....

-------------------------

Great minds discuss ideas; Average minds discuss events; small minds discuss people.

 04/08/2020 03:11 AM
User is offline View Users Profile Print this message


StirfryMcflurry

Posts: 2533
Joined Forum: 08/17/2016

its not quite passed on, pinin for the fijords, but it could be on the way - is what i'm hearing.

-------------------------
pick up my guitar and play, just like yesterday
 04/08/2020 08:54 AM
User is offline View Users Profile Print this message


SlimyBritches

Posts: 4419
Joined Forum: 01/08/2016

It'll be devastating, but not for TrumPutin's masters. He's paying back his debt to every bank, oligarch, and communist leader he's borrowed from. That's why he doesn't show his tax returns.
 04/08/2020 10:08 AM
User is offline View Users Profile Print this message


Fish Killer

Posts: 45742
Joined Forum: 10/09/2005


23209.88

-------------------------
Statistics
146061 users are registered to the 2nd Light Forums forum.
There are currently 5 users logged in to the forum.

FuseTalk Basic Edition - © 1999-2020 FuseTalk Inc. All rights reserved.

Hey Matt B ... How the hell o are you ??? :)