1. Politicians lie, it's what they do.
2. Politicians in general are economically illiterate.
From that aspect, it's very hard to tell exactly what's going on.Mish's Global Economic Trend Analysis
Germany's "Time Pressure" Thesis; Noose Tightens on Europe
Mike Mish Shedlock
1 comment:
He is correct about the economic illiteracy, but for the wrong reasons.
In any individual case, either one or two may be true, but they are not mutually exclusive. Many if not most politicians both lie and are also economically illiterate.
Post a Comment