SubscribeAll Posts Tagged With: "economic cycle"
The Stimulus Explained
Amidst the dire predictions of imminent catastrophe if Obama’s stimulus package were not passed by the Congress, and equally dismal prophecies of how the stimulus will extend what is looking like a doozy of a depression, there has been a near-complete failure on the media’s part to explain the core principles behind the fiscal stimulus to the American people. This is due to the near-complete ignorance of economics on the part of the mainstream media; one can hardly expect them to explain what they do not understand.
The real problem, however, is that the Keynesian model is simply…
Looking At Economic Failure
"A massive paradigm shift away from everything we have known for all our lives to something we have read about in history books, with numerous twists; history never repeats itself but many times rhymes. As we have watched the credit crisis unfold over the last 2 years most peoples’ lives have been largely unaffected as residual momentum and habits built up over decades haves crested and reversed, but now the slippery slope downward is set to accelerate VISCIOSLY." -Ty Andros
Mr. Andros has been spot on both leading up to and during the current financial crisis. He is one of the…
20Jan2009 | Oxbury Research | 0 comments | Continued
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