Does Koo's Statement That "Sustaining Fiscal Stimulus In Democracy During Peacetime Is Difficult" Mean War Is Coming?

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Mon, 02/21/2011 - 16:33 | 982649 Motorhead
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Silver, bitchez!

Mon, 02/21/2011 - 17:14 | 982795 Thomas
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Errata: Richard Coup.

Mon, 02/21/2011 - 16:36 | 982663 snowball777
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Beating those plowshares into swords, are we?

Mon, 02/21/2011 - 16:52 | 982729 tmosley
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Well, that is what you do once you have been conquered and enslaved.

Mon, 02/21/2011 - 16:36 | 982665 Bob
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Abrams M1A2's rolling up Wall Steet, bitchez!

Mon, 02/21/2011 - 16:37 | 982666 TooBearish
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Bens gotta engineer a run into the greenback quick to knock down these commds and quick cause earl is primed to rocket, reckon might pull the bid in the spoos

Mon, 02/21/2011 - 16:37 | 982668 tony bonn
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"Does Koo's Statement That "Sustaining Fiscal Stimulus In Democracy During Peacetime Is Difficult" Mean War Is Coming?"

that is precisely what those words mean. there are so many assholes in the pentagon and cia who believe that war is a remedy for depression that they are actively pursuing war...of course they have been doing that since 9/11/2001....the bush crime syndicate still runs dirty tricks for the plutocrats - fuck you david rockefeller....

Mon, 02/21/2011 - 16:51 | 982721 Michael
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Oh please lets start our 3rd war soon. I need to see the quickening of US Bankruptcy II.

Mon, 02/21/2011 - 16:57 | 982745 topcallingtroll
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I hope you are kidding because you sound young enough to be drafted.

Mon, 02/21/2011 - 17:14 | 982790 Michael
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A 3rd war for the US would mean an immediate crash in the treasury market. What part of broke don't people understand? Lets get this bankruptcy party started.

Mon, 02/21/2011 - 17:13 | 982789 Confused
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All kidding aside, no one really wants war now, do they? Bankruptcy would be devastating enough for some, but in this day and age war will be much worse. 

Mon, 02/21/2011 - 17:57 | 982981 CH1
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Consider this scenario:

Start a proxy-ish war with China, in some out of the way corner. Then as soon as some dead American boys show up on the news, we declare all debts with the evil Chinese government null and void.

Poof! A whole lot of the problem vanishes with a pen stroke!

War: Serving liars and killing sheep for 6,000 years. A long and glorious tradition.

Mon, 02/21/2011 - 19:11 | 983195 SilverRhino
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And the Chinese immediately retaliate by offering a gold backed currency and nationalize every western company in operation over there. 

Mon, 02/21/2011 - 20:53 | 983598 RKDS
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Good.  Fuck the globalists.

Tue, 02/22/2011 - 00:55 | 984344 Mikey3211
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Problem with that plan is that the Chinese know this is coming. You can't start a war on your own.

The Chinese have studied very carefully how the USA beat the USSR - though forcing the USSR to 'keep up' with the apparent spending of the USA, however the USSR didn't have the economic strength and innovation to keep up due to its own massive, overbearing beaurocracy, and decades long stifling of innovation through supression of intellectual freedoms. Political freedom of thought is not that different from any other freedom of thought after all.The USA exploited weaknesses of the (predominately) Russian mentality where their people crave highly authoritarian power structures. Russia was literally a Feudal government until 1914 after all.

Now the Chinese are doing similar tricks to the USA. Out competing economically while encouraging innovation. The Chinese are still trying to control political freedom of thought while opening up intellectual freedom of thought. It seems to be working. China is exploiting the USA's weakness where it gives in to the worship of 'Money' in a Scrooge McDuck kind of way.

China knows what is going on, and they've been watching it and probably encouraging it, as well as snarfing up every bit of gold, precious metals, and strategic goods (food multinationals, resources, manufacturing) as possible.

Tue, 02/22/2011 - 01:14 | 984380 prophet_banker
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communism would have failed with out any help from the west; that's socialism's end result.  I think the concept of war saving economies is the greatest lie of history, war saves for the profit of the owners, and saves nothing for the rest of us.

Tue, 02/22/2011 - 07:43 | 984600 fx
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In the very moment China will likely drop its entire Treasury bonds holdings - and will telegraphe the move for everybody else to run for the exit door asap. All those $$ printed by the fed will suddenly buy a lot less oil, metals, etc. And prices in the US will skyrocket one all these cheap chinese garbage disappears. I'd guess the guy sitting in the white house at that time will have a hard job rallying the people behind him

Mon, 02/21/2011 - 16:51 | 982722 Ragnarok
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War is Peace.  Re-read that chapter last night, Orwell was on to something.

Mon, 02/21/2011 - 17:00 | 982749 topcallingtroll
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I will second that fuck you. Whe need to track down all the rockefellers.

Mon, 02/21/2011 - 19:12 | 983200 SilverRhino
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They're the ones busy giving rimjobs to the Rothschilds.  

Mon, 02/21/2011 - 19:12 | 983201 zaknick
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Man, you're finally making some sense. It's not anti-Americanism but anti-fascism.

Mon, 02/21/2011 - 16:38 | 982669 Misean
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First, we get the underwear....step2???...step 3 PROFIT!

Damned cartoons have it right, again.

Mon, 02/21/2011 - 16:39 | 982670 Pladizow
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Celente and Faber have been well documented saying Washington will turn to War.

Mon, 02/21/2011 - 18:12 | 983033 hardcleareye
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They have been calling for a complete collapse since 2009.  Are you saying that C&F have been well documented to have "SAID" or that C&F "HAVE" documentation that Washington will turn to War?  If so can you share a link to that documentation I would like to "explore" that line of thought...


Mon, 02/21/2011 - 19:51 | 983380 Raymond K Hessel
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It's in English. They're on the record for saying Washington will turn to war.  Does Cass sign your paycheck personally or does he PayPal it to you?

Mon, 02/21/2011 - 16:40 | 982674 NOTW777
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put Exhibit 2 on the front page of every newspaper and internet news page

Mon, 02/21/2011 - 16:40 | 982682 Jack
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I reject Koo's premise.


Maintaining stimulus is extremely easy peacetime or wartime, boom or bust.  Withdrawing the stimulus is the hard part.  

Once you are obviously going bankrupt from constantly pouring temporary stimulus into the economy, that's when you start reaching the difficulties we see now.

Mon, 02/21/2011 - 17:06 | 982765 topcallingtroll
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My thesis too. If true, it means china suffers more because they are further along the malinvestment cycle than we are.

Mon, 02/21/2011 - 16:43 | 982691 digitlman
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So, what the fuck to Iraq and Afghanistan count as?  Haven't we been at war, technically, for a few years already?

Mon, 02/21/2011 - 16:48 | 982708 Misean
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Noo, silly, those aren't wars. Those are democracy spreading actions. Our imperial storm troopers have flowers thrown at there feet by the locals for all the freedom they spread around.

The Pentagram and other delusional statist and keynsian ebbublegnomist only see war when an entire ebbublemy is turned into a vast military camp, and millions on all sides die.

Mon, 02/21/2011 - 16:52 | 982719 aheady
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I reject your reality and substitute my own.

Mon, 02/21/2011 - 16:56 | 982738 topcallingtroll
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Mon, 02/21/2011 - 16:57 | 982743 Misean
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The Pentagram always prefers a big boom!

Mon, 02/21/2011 - 17:01 | 982753 tmosley
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Ah, Mythbusters quote.  I loved the early years.  Sadly, they seem to have run out of myths...

Mon, 02/21/2011 - 17:04 | 982761 aheady
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They could audit the Fed?

Mon, 02/21/2011 - 17:24 | 982848 Misean
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That is friggin' sweet!

And test the myth of gold in Fort Knox as well.

Mon, 02/21/2011 - 17:41 | 982928 aheady
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Even better!

Mon, 02/21/2011 - 17:54 | 982972 Yen Cross
Yen Cross's picture  As of December 2010. No need to bust any myths.

Mon, 02/21/2011 - 18:50 | 983139 penisouraus erecti
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Oddly enough, the one guy that has been pushing that they are now trying to paint as a 'vicious anti-Semite'. Go figger

Mon, 02/21/2011 - 19:53 | 983381 Raymond K Hessel
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Tue, 02/22/2011 - 09:45 | 984783 blindfaith
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Econ 101: can't have guns and butter too.

Why can't we learn this simple truth?

There was a time in recent memory where the Military told the politicians if there was a need for an 'encounter'. 

Now, the politicians tell the Military to go 'encounter'. 

THIS is why we have these wars that no one wants to declare, it is a politians' and special interests wars, not a defensive action which WAS the military's prime directive in the past.

Mon, 02/21/2011 - 16:56 | 982737 Pringsh Peensh
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No...we're talking FORMAL declaration of war where all manufacturing activity and efforts/output are dedicated to the war effort. Including scrap drives, austerity, etc. Conservation and focus are impossible (not whiney wisconisn) , but austerity might be possible if they wrap a flag around it?

Mon, 02/21/2011 - 17:21 | 982828 silver_serf
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The real wars are now economic, technology ensures M.A.D. on a real battelfield, so the empires seek financial domination.  The invasions and occupations of these 3rd world nations are all battles taking place in the global economic war.

Mon, 02/21/2011 - 18:49 | 983137 hardcleareye
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The following is an example:

The Pakistan military says it needs more nuclear weapons to counter and deter India's more conventional military might.

The U.S. analysis is based on the recent increase in the production of plutonium and highly enriched uranium and some experts put the figure for nuclear weapons as high as 110.

Many of these have been miniaturised to be mounted on ballistic missiles with ranges of more than 1,245 miles bringing many Indian cities within reach.

The revelation of the growing size of its nuclear weapons will throw the spotlight on the massive aid packages given to Islamabad by the West, especially the U.S..

China is thought to have played a critical part in Pakistan's nuclear programme, and is said to have helped it manufacture many of its weapons.

Mon, 02/21/2011 - 16:56 | 982741 Pringsh Peensh
Pringsh Peensh's picture

No...we're talking FORMAL declaration of war where all manufacturing activity and efforts/output are dedicated to the war effort. Including scrap drives, austerity, etc. Conservation and focus are impossible (not whiney wisconisn) , but austerity might be possible if they wrap a flag around it?

Mon, 02/21/2011 - 16:44 | 982695 asdasmos
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Does anyone have a download link?

Mon, 02/21/2011 - 16:45 | 982697 demsco
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We go to war with Libya 

Mon, 02/21/2011 - 16:46 | 982702 bunkermeatheadp...
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Yes! Yes! And, Yes!

So formulaic, our sit-com writing elite.

Mon, 02/21/2011 - 16:48 | 982704 velobabe
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i have fear with this empending war, guess that means they have won. we have to figure out how to take back our country back. the natives will help us, i am sure. why can't someone come and arrest these idiots in dc and wall street. just get our constitution back by rule of law, by men that know how to do this.

Mon, 02/21/2011 - 16:51 | 982715 topcallingtroll
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The people willing to do it are probably too crazy and extreme to be trusted with the resultant power.

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