Correct Duty - numpties like the Keynesian economists in here...

Correct Duty - numpties like the Keynesian economists in here that think all is well. Build the debt keep a steady course all will work if we keep printing and running deficits - its only 'input'. Sad really to see this level of delusion but I am not surprised. Debt based money and debt based GDP and debt based KPI's oh for goodness sake you guys had better keep up your meds.

I think it was Loric that stated that Yeldub no doubt did not see the GFC coming and will be shocked when the second one arrives. It is a slow motion train wreck and the RBA can't act on it either because it is not a lagging indicator yet.

Yeldub will not be shocked when it is more obvious (to the rest of us) because he thinks like Julia (see pic above). He can't see it and laughs at us what a classic I just love him this is funnier than Monty Python.

CW