Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
You can also call them Austrians.

They definitely behave like gold bugs, their gold being the Deutsche Mark.

In their futile attempt to preserve their net worth in a deleveraging, they kill the economy and their own net worth with it.

Keynesianism is intellectually hard, as evidenced by the inability of many trained economists to get it - Paul Krugman

by Migeru (migeru at eurotrib dot com) on Wed Jan 26th, 2011 at 04:10:09 PM EST
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And as we've entered a Dark Age of Macroeconomics(tm) they probably haven't even heard of the Paradox of Thrift...

Peak oil is not an energy crisis. It is a liquid fuel crisis.
by Starvid on Thu Jan 27th, 2011 at 08:14:53 PM EST
[ Parent ]


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