Comment Re:Very important link left out: the agreement tex (Score 1) 485
What the fuck are you talking about? My models give predictions that work exactly as they are supposed to, which is why I knew about the coming 2008 collapse, the coming USD collapse and of-course as a result of the USD collapse the coming bond market collapse. My model does not try to predict the exact timing of the collapse, that's impossible.
Your model predicts that if you print more money you will need to print more money, that's all it does.
I lived in Germany for such a long time that I can with absolute certainty tell you that any inefficiency in that economy is only caused by the monetary policy that you espouse - printing money. They absolutely should not print money, the Swiss are showing them how its done. Greeks can never repay their debts and it doesn't matter how much an 'average Greek' is working. You can be 'working' digging ditches and filling them up all you want, which is exactly the model that you espouse, you and other morons like Krugman. Germans can absolutely afford to work fewer hours, as they are very efficient because of the capital that they built up and created the tools that make them so efficient.
You have no idea what productivity is, you have no idea what efficiency means. In the former USSR people were 100% occupied and produced JACK SHIT compared to 'lazy' almost anybody at the time.