Home › Forums › Financial Markets/Economics › Krugman heralds start of next depression
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Arraya.
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July 2, 2010 at 8:18 AM #575777July 2, 2010 at 8:48 AM #574760
Arraya
ParticipantThere is a school of though that bubble wealth is just an illusion and it’s really just multiple claims on the same wealth pie. When the bubble collapses claims are extinguished. It’s kind of a trip to understand but it was never really there in the first place. The constant injections of debt and printed cash is just a frantic attempt at trying to maintain an illusion.
July 2, 2010 at 8:48 AM #574858Arraya
ParticipantThere is a school of though that bubble wealth is just an illusion and it’s really just multiple claims on the same wealth pie. When the bubble collapses claims are extinguished. It’s kind of a trip to understand but it was never really there in the first place. The constant injections of debt and printed cash is just a frantic attempt at trying to maintain an illusion.
July 2, 2010 at 8:48 AM #575382Arraya
ParticipantThere is a school of though that bubble wealth is just an illusion and it’s really just multiple claims on the same wealth pie. When the bubble collapses claims are extinguished. It’s kind of a trip to understand but it was never really there in the first place. The constant injections of debt and printed cash is just a frantic attempt at trying to maintain an illusion.
July 2, 2010 at 8:48 AM #575489Arraya
ParticipantThere is a school of though that bubble wealth is just an illusion and it’s really just multiple claims on the same wealth pie. When the bubble collapses claims are extinguished. It’s kind of a trip to understand but it was never really there in the first place. The constant injections of debt and printed cash is just a frantic attempt at trying to maintain an illusion.
July 2, 2010 at 8:48 AM #575787Arraya
ParticipantThere is a school of though that bubble wealth is just an illusion and it’s really just multiple claims on the same wealth pie. When the bubble collapses claims are extinguished. It’s kind of a trip to understand but it was never really there in the first place. The constant injections of debt and printed cash is just a frantic attempt at trying to maintain an illusion.
July 2, 2010 at 10:54 AM #574856AK
Participant[quote=Arraya]There is a school of though that bubble wealth is just an illusion and it’s really just multiple claims on the same wealth pie. When the bubble collapses claims are extinguished. It’s kind of a trip to understand but it was never really there in the first place. The constant injections of debt and printed cash is just a frantic attempt at trying to maintain an illusion.[/quote]
OK, finally something that makes sense 🙂
July 2, 2010 at 10:54 AM #574953AK
Participant[quote=Arraya]There is a school of though that bubble wealth is just an illusion and it’s really just multiple claims on the same wealth pie. When the bubble collapses claims are extinguished. It’s kind of a trip to understand but it was never really there in the first place. The constant injections of debt and printed cash is just a frantic attempt at trying to maintain an illusion.[/quote]
OK, finally something that makes sense 🙂
July 2, 2010 at 10:54 AM #575477AK
Participant[quote=Arraya]There is a school of though that bubble wealth is just an illusion and it’s really just multiple claims on the same wealth pie. When the bubble collapses claims are extinguished. It’s kind of a trip to understand but it was never really there in the first place. The constant injections of debt and printed cash is just a frantic attempt at trying to maintain an illusion.[/quote]
OK, finally something that makes sense 🙂
July 2, 2010 at 10:54 AM #575584AK
Participant[quote=Arraya]There is a school of though that bubble wealth is just an illusion and it’s really just multiple claims on the same wealth pie. When the bubble collapses claims are extinguished. It’s kind of a trip to understand but it was never really there in the first place. The constant injections of debt and printed cash is just a frantic attempt at trying to maintain an illusion.[/quote]
OK, finally something that makes sense 🙂
July 2, 2010 at 10:54 AM #575883AK
Participant[quote=Arraya]There is a school of though that bubble wealth is just an illusion and it’s really just multiple claims on the same wealth pie. When the bubble collapses claims are extinguished. It’s kind of a trip to understand but it was never really there in the first place. The constant injections of debt and printed cash is just a frantic attempt at trying to maintain an illusion.[/quote]
OK, finally something that makes sense 🙂
July 2, 2010 at 12:03 PM #574881briansd1
Guest[quote=Arraya]There is a school of though that bubble wealth is just an illusion
[/quote][quote=Arraya]
The constant injections of debt and printed cash is just a frantic attempt at trying to maintain an illusion.[/quote]That’s a good point, Arraya.
But what about the economic activities that were made possible thanks to the bailout/stimulus programs? They would not have been possible without government support.
Sure, we are front-loading and borrowing from the future, with the assumption that once the economy is fully recovered, we can better afford to “pay back”.
July 2, 2010 at 12:03 PM #574979briansd1
Guest[quote=Arraya]There is a school of though that bubble wealth is just an illusion
[/quote][quote=Arraya]
The constant injections of debt and printed cash is just a frantic attempt at trying to maintain an illusion.[/quote]That’s a good point, Arraya.
But what about the economic activities that were made possible thanks to the bailout/stimulus programs? They would not have been possible without government support.
Sure, we are front-loading and borrowing from the future, with the assumption that once the economy is fully recovered, we can better afford to “pay back”.
July 2, 2010 at 12:03 PM #575503briansd1
Guest[quote=Arraya]There is a school of though that bubble wealth is just an illusion
[/quote][quote=Arraya]
The constant injections of debt and printed cash is just a frantic attempt at trying to maintain an illusion.[/quote]That’s a good point, Arraya.
But what about the economic activities that were made possible thanks to the bailout/stimulus programs? They would not have been possible without government support.
Sure, we are front-loading and borrowing from the future, with the assumption that once the economy is fully recovered, we can better afford to “pay back”.
July 2, 2010 at 12:03 PM #575609briansd1
Guest[quote=Arraya]There is a school of though that bubble wealth is just an illusion
[/quote][quote=Arraya]
The constant injections of debt and printed cash is just a frantic attempt at trying to maintain an illusion.[/quote]That’s a good point, Arraya.
But what about the economic activities that were made possible thanks to the bailout/stimulus programs? They would not have been possible without government support.
Sure, we are front-loading and borrowing from the future, with the assumption that once the economy is fully recovered, we can better afford to “pay back”.
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