Friday, September 23, 2011

Financial Warfare

Geithner seems to abhor austerity and sacrifice, preferring any strategy which keeps debt growing to fund the investment banking, security, prisons and war industries on which the American economy now depends for so much of its GDP.
- From “London Banker” Blog, link to full piece is here

It takes a PhD in economics not to be able to understand the obvious.
- Irving Kristol

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