[lbo-talk] Forbes: "There Is No Keynesian Miracle"

[Bhaskar Sunkara]

Tails of New Labour's demise are premature.  I doubt the Tories will be able
to eek out anything  but a weak minority government.  This article had no
substance backing it up, no data, no serious analysis, it was just a
polemical piece.  The full-blooded 'Keynesian' alternative died decades ago,
but I haven't heard much good news from French or German fronts either (are
they really *pulling out of the recession?)*.

Sent from my Iphone.

On Sat, Mar 13, 2010 at 11:53 PM, Sandy Harris <sandyinchina at gmail.com>wrote:


> Interesting article:
>
> http://www.forbes.com/forbes/2010/0301/opinions-paul-johnson-current-events.html?feed=rss_popstories
>
> I wonder how folk here will respond.
>
> To me it seems obvious America must be headed for a major financial
> disaster, one that makes the recent financial meltdown look like a
> minor ripple. Two wars, both of course  expensive, trillions given
> away to big banks, huge deficits, ... it cannot last.
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