Is It Time For Another World War? (In 2 Charts)
by Tyler Durden
ZeroHedge.com
Oct 24, 2016
… The calls for Keynesian fiscal stimulus are growing ever louder (with many mainstream economists having argued that the New Deal’s error was spending too little on recovery, and that World War II ended the Great Depression precisely because it led to truly enormous deficit spending).
Of course, the problem is a current public that is increasingly aware of the nation’s debt-load and deficits… so, what is needed is a so-called “good deficit” – or a good enough excuse, or nationally supported excuse, to spend, spend, spend.
As a reminder, on the eve of the last great war, Keynes himself delivered the following chilling address on the BBC, talking about the “grand experiment” of curing unemployment through war expenditure:
The Rest…HERE