Former Reagan Economist: "Death By Globalism"
"If fiscal stimulus has any effect, it stimulates employment in China and India."
Even Krugman fell for the idea that globalism means "free trade" and that it's good for everybody
INFOWARS Paul Craig Roberts Sep 2010 | Have economists made themselves irrelevant? If you have any doubts, have a look at the current issue of the magazine, International Economy, a slick endorsed by former Federal Reserve chairmen Paul Volcker and Alan Greenspan, by Jean-Claude Trichet, president of the European Central Bank, by former Secretary of State George Shultz, and by the New York Times and Washington Post, both of which declare the magazine to be “ahead of the curve.”
The main feature of the current issue is “The Great Stimulus Debate.” Is the Obama fiscal stimulus helping the economy or…
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