Comments on: A surge of a different type http://moslereconomics.com/2008/07/25/a-surge-of-a-different-type/ St Croix, United States Virgin Islands Mon, 21 May 2012 18:22:44 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: warren.mosler http://moslereconomics.com/2008/07/25/a-surge-of-a-different-type/comment-page-1/#comment-1086 warren.mosler Sat, 26 Jul 2008 00:53:41 +0000 http://www.moslereconomics.com/?p=3091#comment-1086 Right, he backslides now and then. Monetary operations aren't his strong point. I'll send this along to him, thanks. :) Right, he backslides now and then. Monetary operations aren’t his strong point. I’ll send this along to him, thanks.

:)

]]> By: RSG http://moslereconomics.com/2008/07/25/a-surge-of-a-different-type/comment-page-1/#comment-1084 RSG Fri, 25 Jul 2008 19:16:03 +0000 http://www.moslereconomics.com/?p=3091#comment-1084 From Galbraith article : "The second threat, not often mentioned, is our reckless foreign policy, including the invasion of Iraq, bellicosity toward Iran, and the ongoing subtext of hostility toward China. Since the Middle East has the oil and China holds our debts, all this is spitting in the soup, big time. It may not by itself wreck the financial system. But it doesn't exactly build up the reserve of good will that we may need when the financial going gets tough." and China holds our debts? doesn't exactly sound like he's fully "in paradigm". Plus he sounds awfully bearish on the economy...definitely not in the muddle through camp. From Galbraith article : “The second threat, not often mentioned, is our reckless foreign policy, including the invasion of Iraq, bellicosity toward Iran, and the ongoing subtext of hostility toward China. Since the Middle East has the oil and China holds our debts, all this is spitting in the soup, big time. It may not by itself wreck the financial system. But it doesn’t exactly build up the reserve of good will that we may need when the financial going gets tough.”

and China holds our debts? doesn’t exactly sound like he’s fully “in paradigm”. Plus he sounds awfully bearish on the economy…definitely not in the muddle through camp.

]]>