Readers of George Orwell’s 1984 might recall Big Brother’s claims that “war is peace” or “freedom is slavery.” Orwell was writing a novel, but some of the commentary these days makes me think that elite economists have taken residence in Oceania’s “Ministry of Truth.”
• Niall Ferguson: The Dollar Is Finished And The Chinese Are Dumping It
• Congressmen Grayson, Clay and Miller Introduce CFPA Amendment to Help Reduce Looting
The US has every characteristic of a failed state.
Biden: “It’s a Depression For Millions of Americans”
My grandpop used to say … “When the guy in Minooka’s out of work, it’s an economic slowdown. When your brother- in-law’s out of work, it’s a recession. When you’re out of work, it’s a depression.”
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