QUESTO E' UN EROE
Dude could easily end up on the wrong end of Russian gangsters this way. One rock thrown. One ... violent act, and we could lose him.
Kudos to Warren. And to Ryan Markov - who arranged Warren's visit to Bulgaria.
Caption reads [Google Translate]: "This man could live peacefully and comfortably at his home in the Virgin Islands, devoting himself to his family and his hobbies. But having understood the problem, and having a thirty-year experience in the financial and monetary system, has decided that [he] can not stand by and watch while the Western economies, [] follow a mad criminal ideology, leading to drain millions of households and businesses.
Here .. in Bulgaria, after holding the meeting economic, [he] descends through the crowd to join the protests against austerity (which are also [destroying] the economy). Now I say to those who accuse him of being a spy for the CIA to be a banker who is just defending its interests, stop. Study the ME-MMT, and then [criticize] as well, but [do so] on the merits and not by attacking stupid [invented] stereotypes."
9 comments:
Unfortunately Bulgaria isn't much more different than the rest of the world anything regarding MMT. There will be blood there or it will just disappear as a nation. :-(
Ryan,
Sorry to hear about the state of your country.
But I'd like to thank you for the work that you've been doing over the years, especially showing up at OWS. I think you qualify as the first grass-roots MMT activist.
My Facebook image has been the picture of you holding the "We Demand Aggregate Demand" sign since I saw it online.
Thanks,
Charles Hayden
Great stuff, Warren. And congratulations to all involved with the Round Table.
Don't give up, Ryan. The job of explaining MMT to a person is akin to rolling an egg shell up hill only to have it brush with a feather and roll back down the way it came to crack in pieces. Occasionally a chick hatches but usually yoke just spills everywhere. :)
Agree with Markov, the people in post sosialist countries are holier than pope when It comes to protecting neoliberal fairy tales. The same in Baltic states, there won't be blood but these nations will disappear. They talk about crimes of communism etc. I have not seen those crimes but in Latvia last economic crises combined with austerity managed to get more people emigrated than all of the Soviet deportations combined. I don't know about Bugaria but in the Baltics politicians economists and people don't have the self esteem to do something different than is being done in mainstream paradigm in their etalon western countries. They somehow think that they are still learning the capitalism. So they should not be MMT target I think. Gold bugs and real conservative libertarians are not in such numbers in those countries like they are in America. That makes It even easier for corruption because the authorities are not questioned really. Their economic policy is pretty much such that they don't really have economic policy. you don't really meet a lot of people there who would want to get rid of the government but they believe It is fair and directed by markets. So perfect turkeys voting for thanksgiving.
Thank you, Charles! - just doing what all of us here are doing in spreading MMT word around the world.
Peter, I would never give up! The truth will win sooner or later.
Kristjan, you are 200% right. Still think if I win NY lottery jackpot for instance, I can take political power in Bulgaria fast and fix this small, beautiful country. :-)
Stop the surpluses stop the hoarding.
Part of the problem are the people who say that the dollar will drop if they spend their hoard of dollars
But the deflation is much more a factor of them not spending and deflation is happening not growth
Warren is impressive.
Very few, if any at all, walk the talk.
"the dollar will drop if they spend their hoard of dollars"
Doesn't ANYONE ever think in our electorate anymore?
In plain words, that translates to "Fiat will drop if fiat is expressed."
Duhhhh, werks fur mi!
What, you say, that further translates to "Public Initiative will drop if Public Initiative is expressed."
If this electorate ever takes up the habit of actually thinking, we might have to burn a LOT of orthodox economics books.
Why, people might even consider the conjecture that "nominal" is not as real as "real"!!!
Imagine that.
more feedback from sources in the Baltic states
http://demoscope.ru/weekly/ssp/sng_pop.php
'Lithuania declared independence and restoration of Lithuanian republic at 1990. At that time we were 3.7 million.
Now, after 23 years - only 2.97
Latvia: 1990 - 2.668 mln., now - 2.018
'Its hardly comparable with Soviet deportations because these were violent and deadly, while at present we are witnessing "normal" economic contraction under the neoliberal economic press. People are leaving, not only dying.'
Estonia
1990 1,571,000
2013 1,286,000
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