President Barack Obama on Friday urged other G20 countries to boost domestic demand and in-crease exchange rate flexibility to encourage global growth and rebalance the world economy.I will not even glorify the absurdity of this statement with a rebuttal of my own. Modern economics is dead and this is yet another perfect example.
Friday, June 18, 2010
How to Save the World
After more than two years in the midst of the worst downturn since the Great Depression, we have finally found the cure to all of our ills. This cure was not arrived at easily. It required painstaking effort on the part of one man. This one man dedicated countless hours to deep and dedicated research of world history, as well as an unconscionably thorough analysis of the world's most recent advances in all fields. But we have finally been saved by President Obama.