Tagged: Simulus

February 5th, 2009

What’s Clear

It’s not clear that we have inherited a Great Depression the scope of which is the same as it was in the 1930s. What we have inherited is the Great Depression of the 1930s, all over again. The hope is that we take this as a time of creativity and innovation, instead of a time of dispair, stretched over decades of new deals. Simulus doesn’t seem to be working this time, no matter how many billionaires we end up pumping into the system. Even from birth. Any other solutions?