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http://www.reuters.com/article/2011/09/ ... Y120110906" onclick="window.open(this.href);return false;

Anything produced by the U.N. is automatically suspect.

AZGrizFan wrote:Anything produced by the U.N. is automatically suspect.

So are any of your automated responses.

Lessee: managed exchange rates, more financial regulation, distrust of markets, higher wages, more stimulus. Back to the future. Maybe kalm should bid to run UNCTAD. His name is easier to pronounce than Supachai the Thai Guy.

And I'm guessing Greece is heading up this UN group...

Ivytalk wrote:Lessee: managed exchange rates, more financial regulation, distrust of markets, higher wages, more stimulus. Back to the future. Maybe kalm should bid to run UNCTAD. His name is easier to pronounce than Supachai the Thai Guy.

"Unemployment depends very much on demand. And if you have no demand then you need government to step in with a huge program for stimulating the economy. This was the U.S. scenario in the past. Now it's worse because wages are rising less than in the past so you're going to need a bigger stimulus program."

...we're in this mess because government has been attempting to implement social engineering agenda through regulatory control.

There's nothing "progressive", "logical" or "rational" about Increasing taxes, to fund agencies, to administer new goverment stimulus programs, to distribute so-called stimulus "return" of tax monies to the people who originally paid the taxes, so they'll increase spending/consumption, thereby improving the economy.

What's stupefying is that so many liberals feel this path makes any sense!

travelinman67 wrote:"Unemployment depends very much on demand. And if you have no demand then you need government to step in with a huge program for stimulating the economy. This was the U.S. scenario in the past. Now it's worse because wages are rising less than in the past so you're going to need a bigger stimulus program."

...we're in this mess because government has been attempting to implement social engineering agenda through regulatory control.

There's nothing "progressive", "logical" or "rational" about Increasing taxes, to fund agencies, to administer new goverment stimulus programs, to distribute so-called stimulus "return" of tax monies to the people who originally paid the taxes, so they'll increase spending/consumption, thereby improving the economy.

What's stupefying is that so many liberals feel this path makes any sense!

Didn't we just have a stimulus? How many jobs did that create?

There are billions of potential consumers around the globe - if you make America attractive for businesses to site here and sell abroad, you will create jobs, it's that simple. If you don't, they will set up shop abroad and only sell here...

AZGrizFan wrote:

Ivytalk wrote:Lessee: managed exchange rates, more financial regulation, distrust of markets, higher wages, more stimulus. Back to the future. Maybe kalm should bid to run UNCTAD. His name is easier to pronounce than Supachai the Thai Guy.

I'd string up the money changers first. Then the lawyers.

Btw, great article GATW. The markets are exciting pretty things that aren't really rigged at all. They're maaaagical.

kalm wrote:Btw, great article GATW. The markets are exciting pretty things that aren't really rigged at all. They're maaaagical.

And we'd expect nothing less from the UN than the answer to be "more money, bigger government".

AZGrizFan wrote:

kalm wrote:Btw, great article GATW. The markets are exciting pretty things that aren't really rigged at all. They're maaaagical.

And we'd expect nothing less from the UN than the answer to be "more money, bigger government".

Actually, Tman makes a great point here regarding bureaucracy. It doesn't have to be bigger government but better government. unfortunately it's a safe assumption that's where it will lead.

Can we just sing kumbaya together about how fucked we really are?

BTW, Iceland recently said "fuck it" and threw out the financiers. It will be interesting to compare theirs and Argentina's standing versus the countries that listened to the IMF and chose austerity.

kalm wrote:Btw, great article GATW. The markets are exciting pretty things that aren't really rigged at all. They're maaaagical.

"Unemployment depends very much on demand. And if you have no demand then you need government to step in with a huge program for stimulating the economy. This was the U.S. scenario in the past. Now it's worse because wages are rising less than in the past so you're going to need a bigger stimulus program."



Seriously, what "demand" are they looking for? And what kind of things would the UN have the US spend it's stimulus money on? And what, exactly, does the UN want our people spending their money on?

C'mon, kalm...you can figure it out.

Someone needs to tell Europe that all they need to do is just spend more and things will get better.

It's a vicious cycle -
* Companies and governments want to please financial markets for favorable returns
* Financial markets reward austerity measures (watch what happens when a company announces a layoff to trim costs)
* Austerity measures create consumer uncertainty
* Consumer uncertainty reduces demand for products/services
* Corporate profits dip on reduced demand
* Companies go through austerity measures and are rewarded with favorable returns......


Financial markets would be very happy with the world being run by robots - unfortunately, no one would have any income to purchase products/services because we'd all be out of work.

I blame the Jews.

∞∞∞ wrote:I blame the Jews.

I blame the muslins

You're both to blame.