Nietzsche's Hammer Blog

Contradicting the Keynesians …again

Posted in Economics by nietzscheshammer on 29/10/2010

Contrary to everything the Keynesians like Krugman, Stiglitz, Bernanke, Geithner, Obama and the rest have been proclaiming, the austerity measures that are being adopted by some nations to address their debts are exactly the right thing to do.

German Unemployment Dips to 18-year Low in October

It only makes sense that when one has spent too much, the first thing one must do is stop spending.