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Government economic stimulus is financial heroin
Summary: A powerful metaphor, widely used, about this recession — the worst since the 1930’s — providing important insights. Excerpt from “Financial Heroin”, Don Coxe, Coxe Advisors, 16 December 2009:...
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Government economic stimulus is powerful medicine. Just as heroin was once...
Summary: Today America passed an important fork in the road, an easy exit from the massive monetary stimulus running since the crash. If the economy continues its slow growth (well below the 2% stall...
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Another view of New America: inequality, low social mobility, rising heroin...
Summary: A different perspective on the New America arising now. Heroin, unemployment, and inequality — bricks in the structure. I have attempted — with, I suspect, little success — to convey to you...
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The great monetary experiment enters a new phase, with America as the stakes
Summary: We have begun a critical phase in the great monetary experiment. We know that we should stop, but our leaders fear the resulting economic shock. They fear to stop, fear to continue. There is...
View ArticleAmerica’s rising tide of drug overdoses, a symptom of deeper problems
Summary: America has a drug problem, a symptom some deeper sickness of our minds or souls. Sick people often ignore warnings that would allow them to respond and recover. So it is with nations. It's...
View ArticleGovernment economic stimulus is financial heroin
Summary: A powerful metaphor, widely used, about this recession — the worst since the 1930’s — providing important insights. Excerpt from “Financial Heroin”, Don Coxe, Coxe Advisors, 16 December 2009:...
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