Economic Depressions Follow A Pattern

Economic depressions follow a pattern. Typically the beginning is characterized by stubborn adherence to a number of erroneous beliefs that have made the economic downturn inevitable. Today there is still an almost universal belief that government can create jobs and stimulate the economy with government spending. Until there is a consensus that government can’t do these things, the end is not in sight.

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About jamesq

James Quillian an economist, political analyst and teacher of natural law. James is the originator of fantasy free theory and author of the Fantasy Free Advantage.
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