Why Keynesian Economics Is Destined To Fail
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Commentary My colleague, Doug Kass, penned an interesting note suggesting "Keynesian Economics" will fail. To wit: "At the ...
FLAG POND - Edward W. “Ed” Sparks, age 76, of Flag Pond, passed away on Sunday, October 31, 2021, at James H. Quillen VA Medical Center. A native of Flag
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
“2nd Derivative Effect” and the ongoing cost of the stimulus. With the passage of the $1.9 trillion “American Rescue Plan,” will the math of debt to growth change? Now, even Deutsche Bank credit strategist, Stuart Sparks, got the memo. “History teaches us that although investments in productive capacity can in principle raise potential growth and r* in such a way that the debt incurred to finance fiscal stimulus is paid down over time (r-g 0), it turns out that there is little evidence that it has ever been achieved in the past. The chart below illustrates that a rising fede...