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  •  But Paul Krugman could have told them that, (1+ / 0-)
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    PSzymeczek

    and did, years ago! Yep! That's what he said would happen. Now WHEN will they listen to him?

    "We are getting into a double-dip recession which is entirely self-made," he said. "It is a result of excessive austerity in southern countries and unwillingness in the north to do anything else."

    Steen Jakobsen, the chief economist at Saxo Bank, agreed, saying: "This was totally expected because of austerity policies combined with world growth slowing down and a fall in activity in Germany and the Netherlands."

    "extreme concentration of income is incompatible with real democracy.... the truth is that the whole nature of our society is at stake." Paul Krugman

    by Gorette on Sun Nov 18, 2012 at 02:22:51 PM PST

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