It's all hitting the fan now... This is the end of Keynesian Economics...or what Keynesian Economics was morphed into by the looting elites...namely a bizarre Bubble Support Scheme...!
Keynes would not recognize the sins that have been committed in his name...Move over Jesus...you have company...!!
None dare call the last 20 years "Keynesian"...it was pure greed and asset inflation of the worst kind...and it got worse over time.
The other dismal truth that is being "revealed" is that ALL ECONOMIES ARE LOCAL...
Yes trade is good...but the wrong kind of trade can be bad for the local economy...when the only "natural advantage" of a free trade scheme is CHEAP LABOR...that is not what free trade theory was originally about... The notion of free trade was supposed to be about buying bananas from Mexico and Apples from Washington State... and not visa versa...
Natural talent and Natural resources were supposed to determine who was "advantaged" and who was not...
The American collapse as now caused the European collapse...and the European collapse will cause the Asian collapse...which will cause an other American collapse...and so it goes...like a tsunami wave circling the globe...
The energy of the collapse can not be stopped...just let it rip...
This is like the Book of Revelations... The Beast is lose on the land...
But when it is over...and the looting elites are ruined...perhaps we can re-build...and do it better next time.
The rest is just screaming for the duration...