An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Let me see. Could it be that debt to GDP of 225%-250% is not sustainable? How about the demographics have flipped in the 20+ years of printing? How about they may not continue to run trade surpluses? How about they have multiple core meltdowns at a certain plant along the coast of Japan with the govt. covering up the true debacle that it is?
I could go on, but you get the picture. Things change.
2 comments:
Let me see. Could it be that debt to GDP of 225%-250% is not sustainable? How about the demographics have flipped in the 20+ years of printing? How about they may not continue to run trade surpluses? How about they have multiple core meltdowns at a certain plant along the coast of Japan with the govt. covering up the true debacle that it is?
I could go on, but you get the picture. Things change.
Tom
check out this little article that a friend sent to me whom I share MMT ideas with.
http://www.offthechartsblog.org/new-gdp-numbers-show-historic-drop-in-state-and-local-spending/
In the header he said, "just as you were saying"
I think this speaks for itself and this guy explains it step-by-step as to how aggregate demand and government spending works. Perhaps post it up?
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