I guess it's austerity time again already. The other side of the coin is nobody buying anything because they don't have any money left.
There was a great economist named Kalecki who was a few years ahead of Keynes and better than Keynes, and he said that profits come from worker's savings, government deficits, trade surpluses, dividends, and real investment. I guess the administration is taking the large government deficits off the table and sees savings depleting soon, so maybe profits will collapse again as was foretold in the prophecy. :marx-joker:
I guess it's austerity time again already. The other side of the coin is nobody buying anything because they don't have any money left.
There was a great economist named Kalecki who was a few years ahead of Keynes and better than Keynes, and he said that profits come from worker's savings, government deficits, trade surpluses, dividends, and real investment. I guess the administration is taking the large government deficits off the table and sees savings depleting soon, so maybe profits will collapse again as was foretold in the prophecy. :marx-joker:
Michał Kalecki also participated in reorganizing the economy of Polish People's Republic.