Keynes Can't Help Us Now

Keynes can't help us now. Governments cling to the delusion that a crisis of excess debt can be solved by creating more debt. Niall Ferguson February 6, 2009 It began as a subprime surprise, became a credit crunch and then a global financial crisis. At last week's World Economic Forum in Davos, Switzerland, Russia and China blamed America, everyone blamed the bankers, and the bankers blamed you and me.

Topics:  niall ferguson february   world economic forum   davos   switzerland   russia   china   america   great   repression   i   keynes   blamed   debt   bankers   

 

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