Recent content by Whipp

  1. Whipp

    The argument for austerity (Contains Math)

    Investment = savings? ......for real? balancing economic equations doesnt make it so what about the fact that a lot of investment lets say from investment banks doesnt come from the savings pool of owned assets they have at their dispoal but from other peoples debt promises instead. The fact...
  2. Whipp

    Tax cuts in deficeit, inflationary times, recipie for Future economic disaster.

    Americans pay quite a bit less tax than Germany, lowering taxes really isnt the issue.. the issue is productivity, having a healthy export market , not being long term net importers.. basicically living of what you earn and work to make not high finance ponzi schemes and credit cards...
  3. Whipp

    Tax cuts in deficeit, inflationary times, recipie for Future economic disaster.

    So what you are proposing is to..raise taxes to give people money to go spend?
  4. Whipp

    Natural rate of unemployment

    A fairly standard lesson in economic theory today but rarely spoken in the mainstream is Milton Friedmans NAIRU . the Natural rate of unemployment. Though the theory is prize winning and complex like most stuff in economics its actually really simple hidden in jargon. There is level of...
  5. Whipp

    The Irish should have listened...

    The documentaries you watched to come to this conclusion exclude the possibility of economic growth taking place. The reason banking came to be was to speed up that growth to ridiculous levels and if you sustain it you can pay back debts as the ecnomny exapnds beyond its debts..the issue now...
  6. Whipp

    Not for the Willfully Ignorant

    We live in times now where a Private enterprise 'company' can be bigger than a nation itself . There are now companies bigger than many former powerful nations such as holland and spain. The issue is are companaies compatiable with nationality. A company can go where it wants effecitvely and...
  7. Whipp

    Does Debt= Slavery?

    Well Endenture a form of debt has long been used as a form of imposing slavery since ancient times. There are many examples of immigrants that are de facto slaves paying off a 'fee' that never ends by those who smuggle them into the country. Ultimately a lack of means forces you to do things...
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