I have not read the Dean Baker below article yet, and not sure I'll
bother, but I'll bet my last bipi that Baker -- a so called "Left" wing
economist -- never mentions the bubble inflating powers of war.... that
the INTENT of bombing Iraq and Iran and Argentina etc, is to
perpetually re-inflate The Bubble.
--Walt
_____________________
The Coming Housing Crash
by Dean Baker, TomPaine.com
Unless the Fed can inflate another bubble, the end of the real
estate boom will practically guarantee a recession.
http://www.tompaine.com/articles/2006/07/31/the_coming_housing_crash.php
"There is no point in tinkering with this system. It will destroy the
lives of the poor until it is itself destroyed, and replaced with
benign institutions of the kind that Keynes envisaged."
-- George Monbiot
http://www.monbiot.com/archives/2001/11/20/making-generosity-redundant/
War as a Business
http://petrotalk.1go.dk/readarticle.php?article_id=68
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