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FYI:https://foreignpolicy.com/2019/12/05/keynes-keynesian-sociali...

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moorookamick

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08/11/20

11:10

Post #: 48716530
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Originally posted by moorookamick: ↑

"But if we had we wouldn't of voted that way."

R u an American?

I assume that by using "we" that you are.

My US friends here all voted for Biden.
They had been Republicans but they
were apalled by Trump's lying and his
damage inflicted on global US diplomacy &
foreign relations not to mention his partisan/
divisive Presidency.

The US will now have to wait and see what
Biden coughs up.

America has never recovered economically* from its Wall Street
induced GFC and , IMO, it is now in a very weak position
economically to tackle China in a Trade War of thich we
are already collateral damage. (US sneezes & we are hospital)

*As evidenced by massive budget deficits/foreign debt
and the Fed's unprecedented QE (code for money printing)
This has been far from Capitalism ala Uncle Sam and more
in line with an economically failing State if we trust history
as our guide....eh?

Trump has racked up $6.5 Trillion debt in his 4 year Presidency
which is far from being a healthy State or a "Good Money Manager"
Sounds more like Keynesian Socialism to me regardless of the spin...eh?

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FYI:

https://foreignpolicy.com/2019/12/05/keynes-keynesian-socialism-biggest-hero-bourgeois-british-capitalist/

https://www.imf.org/external/pubs/ft/fandd/2014/09/basics.htm

Last edited by moorookamick: 08/11/20
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