Saturday, October 25, 2008

NEW BRETTON WOODS NEEDS A "NEW KEYNES!"

HERE IS AN OPPORTUNITY FOR SOME KEY ECONOMIST TO RATIONALIZE THE SYSTEM...LIKE KEYNES DID IN 1945...

THE OLD BRETTON WOODS SYSTEM WAS ABANDON IN 1971...BUT WAS NEVER GIVEN A DECENT BURIAL!

THEN RAY-GUN-OMICS KICKED IN IN 1982...AND TURNED THE DEAD BRETTON WOODS SCHEME INTO THE ECONOMIC ZOMBIE THAT WE HAVE TODAY...AND WHICH IS NOW DESTROYING THE WORLD AS WE HAVE KNOWN IT!!

LET US HOPE THAT SOMEONE LIKE KRUGMAN OR ANY SOCIAL DEMOCRAT HAS THE NEEDED INPUT TO FASHION A NEW SUSTAINABLE SYSTEM...

GENTLEMEN, PREPARE YOUR THESIS!!