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Thursday, December 9, 2010

RE KRUGMAN DECEMBER 2011

At least he is talking 'political economy'.

That is a small relief.

Unfortunately, when you take a close look at American political structures and their workings, together with economics,

you end up just wanting a much better system.

Unfortunately, almost no way that will happen,

and a catastrophe of some kind, either a war or economic further melt down, would likely bring on not necessarily a better structured political/economic system, but worse changes, within the existing one.

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