dimelab dimelab: shrinking the gap between talk and action.

Keynesian foolishness cannot possibly Topic in The Credit Debacle Catalog

Fri 2008-11-07 00:00 EST

Mish's Global Economic Trend Analysis: ECB Cuts .50% BOE 1.5%; Trichet Eyes More Cuts

``The impact from these central bank actions will will be close to zero...It was Keynesian foolishness that caused the housing bubble in the first place. Keynesian foolishness cannot possibly be the solution."

5; 50; BOE 1; cutting; ECB cuts; Mish's Global Economic Trend Analysis; Trichet Eyes.