Woe is them, Part V

From the cratering hedge funds, to the faltering dollar, to the fizzling housing bubble, western-style capitalism is in the advanced stages of collapse. Deregulation and liberalization have only hastened its decline.

Laid off on "deregulation". He loves to repeat the
lack of "leadership" in the economy, as if to say,
"If only I were in charge. I'd lay the hammer down
and all would be right with the economy." Hoards
of academics are spouting the same nonsense as
if The Economy were regulable. The historians will
do likewise, knowing in their heart of hearts that
just That Very Special Person(s) could have made
the hurt go bye-bye.

They and the author of the piece below don't even
have the target in sight, let alone having a bead on
it.

Nothing in the article mentions Amurika's Bankruptcy,
as if it didn't exist. Neither was mentioned the Fed's
hiding of the M3 money figures which it just recently
started to do. Just what is the Fed trying to hide?

Full article.