Wednesday, November 30, 2011

I guess Keynesianism is dead after all. Wait...what?

Six major central banks, including ours, announced that they would coordinate their efforts to increase liquidity in the European market, to stave off the economic collapse of Greece, Italy, and Portugal and thus halt spreading the contagion to stronger parts of Europe and the world as a whole. Yet conservative politicians worldwide (and especially in the U.S.) want us (the economy) to jump off the top of the building (Keynesian counter-cyclical stimulus), hoping that we'll bounce all the way across to the building rooftop across the street.

However, confronting a true worldwide economic collapse just for the sake of moral superiority, would look like this. (Hint: We're Neo)

 

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