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Xavier Narutowicz's avatar

I remember an economics professor, proudly studied under Keynes, it was a business cycle course. Keynes was a genius; he was prescient enough to get the Treaty of Versailles right; his theories were common sense, they worked. Economist became obsessed with them, carried them too far, made government intervention into almost 40% of the economy.

The military industrial complex started because of Britain’s experience after WW1, three million men returning to the labor market… economic disruption.

The great thinkers had a solution after WW2 in the US, continue to spend government money producing arms, the GI bill and pent-up consumer demand. It took on a life of its own and became an evil corrupting dragon.

I visited Miami last weekend. I was surprised that people had mellowed, drove reasonably courteous, overall, they were pleasant.

How do you live in Miami? When I was a student there, in 1960, houses around The U went for 20k, now 3 million. A 40k house in Pinecrest might now be 10 million that’s 35k in taxes.

Keynesian prosperity makes people crazy, that and human hubris. The system is totally corrupting.

I don’t know how people manage to live anywhere, the bubble is like a volcano building intense pressure internally; it going to blow like Mount Vesuvius, and we are all going to be buried in the ash. It will be a wonder to future generations.

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Steve L's avatar

Yes Bill, I’m currently being experimented on by our medical system that is “Practicing Medicine” on me. Very similar how our Deep State Elite have been “Practicing Corruption” on us all for decades. Those top 1% are all in the family and we are considered useless breathers and are 100% expendable. But now that I fully understand, I have great faith in our future with the current choices for President in these most United States. It’s almost like those who chose the Snoop Dog as the face of America in the Olympics, made the same choice for us Americans for leader of our “Free World”🤔. Trump, a typical NY Liberal turned American by a few conservative ideas(but the true damage he did is irreversible), or a communist hired in every job she has worked due to her Sex, Color and excellent bedroom performance, recently hired as VP by a demented, immoral, corrupt old white man, now hired the same old demented, immoral, corrupt figure as her VP to make our new DEI nation look democratic. Yes Bill, just like the faith I hold in our current Obamacare medical system, the faith I hold for America’s future is fleeting.

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