This guy may or may not be right, but all he is doing is just spouting rhetoric. He didn't justify any of his assertions. Saying that the debt is bad and that we have to "bite the bullet" explains NOTHING.
His credentials are VERY impressive, but, he is just another Austrian whether he claims it or not. I think that the Austrian school of thought is just plain WRONG! The free-market is a great thing but we have to control greed and speculation.
This guy is wrong. We have economic downturn 4-6 years after a RECOVERY, not 4-6 years after a recession low point. The reason is because markets become overpriced from excessive investment and they decline. This guy needs to go back to school.
please hope it didn't happed and i hope the london olympics will save the world from recession
flowerofthesouth 3 months ago
@flowerofthesouth
How does London olympic save Europe and US economy ?
I think the conservative govt should put more money in the UK economy. The EU should put more cash flow.
cyberstud007 3 months ago
Go on. Admit it. You thought the worse was over.
NYerintransit 4 months ago
This guy may or may not be right, but all he is doing is just spouting rhetoric. He didn't justify any of his assertions. Saying that the debt is bad and that we have to "bite the bullet" explains NOTHING.
His credentials are VERY impressive, but, he is just another Austrian whether he claims it or not. I think that the Austrian school of thought is just plain WRONG! The free-market is a great thing but we have to control greed and speculation.
bmwm3cs 5 months ago
@TBFMT I entirely agree with your comment.
slhines7 5 months ago
This guy is wrong. We have economic downturn 4-6 years after a RECOVERY, not 4-6 years after a recession low point. The reason is because markets become overpriced from excessive investment and they decline. This guy needs to go back to school.
GladiatorGT 5 months ago
@GladiatorGT If you did not actually go to school to get brainwashed, you would know who Jim Rogers is and his record.
slhines7 5 months ago
1st
TomFuIp 5 months ago