Keynesian is dead?
Posted on Sep-01-2010· by china investor

Keynesian is dead
Recent days,USA published a bad economy data report,then I heard many many economist told told us on paper and report:economic stimulus faild, and them these economist told us Keynesian dead, from CHINA to USA, I heard some famous economist give us many suggest:let market do everything.
Oh, my god, I am not economist,I am just a pig,but from pig’s eye, these words is funny and stupid, sorry for use so a bad words:stupid,don’t feel angry, I’d like agree with you that I am a stupid pig first, I found so many smart and strong people cheated me hypocritical and cruel killing me but they can stand on a moral high ground at the same time, In these smart people’s eyes I am a stupid pig.
Why we failed in this crisis? It is because so many smart and strong try to enjoy a happy life build on a lot of paper, they create more and more paper in last 20 years, these people believe these economist’s words: They can drive on monster–economic cycle. Hmm, If I just earn $1000 per month but I try my best to borrow money(how about $10000 per month?) from every body I know, I can buy a large house and do not pay any money(even Interest, so happy a life) ,I can buy 3 new cars use these money so why not discard my old Cadillac(maybe you only buy it 3 years ago), these money is so easy.Oh,buy the way, the money like a hen, she can raw money automaticlly, I am stupid, but there are so many smart broken told me, just buy some paper which wrote some strange but loud names, these paper can generate 300% money for me, about risk, they told me forgot that,so many people believe it, so it must be the truth. So many happy news full the paper and tv set, all industries reported they have so good a profit,they can not finish orders even work 25 hours a day.
2 years later when you found you need pay bills and other body told you you must repay money to them because they need pay huge bills, you found you have not any $$$ in bank,at the same time you found another truth surprised you,you broker told you can not take back any money from these paper which have a strange and loud name, it values 0.00 cent, also your pension lost 50% because the company which sale cars to you are bankrupt.Oh, so sad a life, you had to leave your house and living in a car with your baby,you lost your work and you are a woman, you are bankrupt.You go to investment bank try to contact your broker,but you found these investment banker which lost your money are talking about they are urgent waiting for their Mercedes-Benz in the selling queue.
You found all of these happy is a dream.YOU FAILED.
My question is,WHO,HOW created these DREAM? And told you– you failed and it is only because you are not “strong”?!
Some economist and some official published so huge money and bond,they are not drive on the economy cycle, they are drive on the Economy Bubble,they create a fake prosperity and created this crisis.In crisis, poor man lost money and their house and their factory, but rich man can buy these asset by a cheap price, this crisis are taken money from poor family and give these money to rich man.The crisis are KILLING THE MOST OF THE PEOPLE.
What is Keynesian? The first words in Keynesian is employment,I just found in USA, they taken huge money from poor people and give these urgent money to investment bank,one years later, the government and the bank told us what they did it right because these “investment” have a good profit,but what I can say is:USA have a higher and higher Unemployment Rate! And not parliament are delay to pass a congressional bill which help middle-little company, and these middle-little company hired the most of American, That is not Keynesian!!!
In my mind,The most important things in Keynesian is employment Rate.
Let’s take a look at Europe, smart and strong government reduce the welfare which give mother for born the new baby,Although all economist and all official know in next 20 years, 1.7 young man had to raise one people. Smart and strong government and economist follow some stupid suggest delay pay pension to old peoples although they had pay for this nearly 40 years! At the same time,they are reduce jobs! So there are Incredible Unemployment Rate in young people! Are these are really Keynesian?
Let’s go back to china, there are 10,000,000,000,000 YUAN dropped from the sky in a year, but what we found is just : the price of the house higher 70% than last year, the price of vegetables higher 100% than last year,the price eggs rise up 70% 40% (3.96-2.77)/2.77 = 0.4 (I found I wrote this error number today, it should be 40%)in recent 4 months…., power, water, oil,gas…., everything is more expensive, but salary of workers cannot rise up,because some famous economist told us,if the salary of workers rise up,boss will lose money and company will lost the pertty protif in report. I found some young family are try to buy vegetables at afternoon because these rotten vegetables more cheap.At the same time, we “enjoyed” the report from CCTV– in corn area of the china–there have some city lager than macao, is ghost city,because no people living there but these housed has been “sale out”.so we have a GOOD GDP because we waste money in huge “investement” and we rise up the price of everything, but no any people told me the really Unemployment Rate,also we just found there are huge black hole in our Social Security SYSTEM but the official do not tell us why and told us “country will pay it”,hmm, where can country get money pay it? Taken money from people or just publish another 1000000000000 YUAN? Sorry in China, no Keynesian.
So smart , strong, dear economists , Keynesian do dead, because the soul of Keynesian was dead many many years, these fake Keynesian just do one thing:taken money from the most people to save rich people,they caused more and more people lost job and you told them:it is only because you are not strong.
In the current world, there are not Keynesian, MR Keynesian dead,MR Greedy and MR Smart rule the world.
Oh, by the way, MR Market dead too, in china,from every have same money to 44% money controled by 1% people, it is just 30 years,many report told us the Incredible Housing vacancy rate — more than 60000000 house have no any people living in it,but young people have no money to buy house for merry –it is at least the total 25 years salary of the a young people , actually people are buy rotten vegetables,where is the market?
Tags:
crisis, global financial crisis, Keynesian






Leave Your Comments