The level of pain provoked by socialism (green bs etc) will reach the point where the evolution of civilization sets in again and lead us back to decentralized market processes. But before that the majority will loose a lot

TomK

I know other countries have made radical market reforms in the past, but I just don't see it happening at the national level in America. They'll just keep accelerating until the wheels fall off.

The main hope we have is radical decentralization and more local market-oriented reforms.

Undisciplined

econ

A Fed rate cut will not solve our economic problems

this whole dependency and illusion of interest rate policy has long since failed anyway. if we do not return to structural reforms and a radical market economy in which the right to private property and freedom of choice are paramount, we can no longer recover from this Keynesian disease.