Tuesday, May 8, 2012

The Europe Situation is Certain to Get Worse

Check out this interview with Alasdair Macleod, a weekly writer to GoldMoney.com and publisher of the FinanceAndEconomics.org as he shared his views on the European debt crisis with Chris Martenson on how the crisis originated and why the problems are not going to get better.  

In this interview, he provided also painted a picture of many well-meaning but anxious people who are trying hard to apply the wrong solutions to the incorrect diagnosis because of their Keynesian understanding of Economics.  One of which is their view of the economy using the GDP alone as a measuring indicator and Alasdair explained in simple terms why this was the wrong indicator they have been using.

No comments:

Post a Comment