The prophet of the New York Times, Paul Krugman, has told the Scots that if they secede, they should be: “Afraid. Be very afraid.” Now that’s the kind of economic advice I like to hear. “Boo!, said Mr. Krugman to the defiant Scots. “If you don’t listen to me, the Loch Ness Monster will come get you.” It adds color to this whole thing. Plus Krugman is getting far too boring, lecturing to everyone in obscure Economese and making them thinking that American economy is more complicated than it actually is. In fact, there’s little mystery to the American economic model of monetary growth—print money, print more money. And print more money. Just keep on printing. Right around November 3 rd , America’s going to hit hyper-inflation and the dollar’s going to collapse, but Mr. Krugman doesn’t know this yet. Now the reason why independent Scotland is going to be such a good thing for the whole world is this—England has been following the path of privatization and globalization, as l
The civil wars of the twenty-first century: Sushma Joshi's slightly twisted perspective of the universe.