[DEBATE] : Cost of steroids: $2,800,000,000,000 (yes 11 0's)
dhenwood at panix.com
Tue Oct 28 15:48:36 GMT 2008
On Oct 28, 2008, at 11:41 AM, Yoshie Furuhashi wrote:
> It's not as if no one has written anything about the causes of the
> financial crisis and what can be done about it. In fact, many have,
> from all points of the political spectrum (Patrick and yourself
> included). The main problem for leftists is that political conditions
> to attempt left-wing programs to survive the crisis and restructure
> political economy exist in only a few countries in the world, and the
> main contributors to the financial crisis -- the USA, Japan, China,
> Germany, the Gulf states -- are unlikely to change their ways.
Yes, that's true. And flinging around a lot of zeroes doesn't help
with that problem at all.
Though you do have to wonder if maybe things will change a little bit
in the USA. I don't think an Obama victory will mean all that big a
change in U.S. economic policy, but the ideological landscape is
shifting. Maybe. I hope.
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