Stockman To Obama: Butt Out Of The Greek Crisis – You’ve Dispensed Enough Keynesian Poison At Home

by Tyler Durden
ZeroHedge.com
02/17/2015

Our clueless President observed, “You cannot keep on squeezing countries that are in the midst of depression. At some point there has to be a growth strategy in order for them to pay off their debts…” No, paying off their debts is exactly the wrong medicine. You do not kick the can and extend and pretend that Greece can service its crushing debt. Instead, you permit it to default, and then to rebuild it’s economy and credit the old fashioned way. In any event, its a problem for the Europeans and the Greeks to resolve. Obama should stop sending Keynesian witch doctors to spread more policy poison around Europe.

The Rest…HERE

This entry was posted on Tuesday, February 17th, 2015 at 4:38 pm and is filed under Conspiracy, Corruption, Economics, Government Evil. You can follow any responses to this entry through the RSS 2.0 feed.