Skip to content

Fear Hazard

September 29, 2008

One of the main conclusions that economists have drawn from the Great Depression is that FDR ended up creating a climate of business insecurity where no one was able to predict the government’s next move.

Well, it’s more than a week now that the US government has been keeping us in suspense, threatening to give a lot of money to the most addicted gamblers in our society, with the hope that satisfying their thirst will somehow trickle down to the rest of the economy. The world is watching and our political class is under extreme pressure. Expect the worst.

Advertisements

From → Government, Planning

Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: