desmond lachman

Confirmation in the news of things you already read on the FM site

Usually these weekend posts examine unexpected ways in which the world is changing.  Here we do the opposite, matching current news with past posts from this site. “Stimulus Thinking, and Nuance“, New York Times, 1 April 2009 — About Hitler’s economic policies, one of the keys to his success. “The Water-War Myth“, Jack Shafer, Slate, …

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America on its way from superpower to banana republic

I have long said that our choices will determine how this downcycle ends.  We can confront and resolve our problems — or take the seemingly easy way of banana republics.  Print money, socialize the losses of elites and the middle class, continue to run America as before — deny our errors and refuse to learn.  …

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