Thursday, September 22, 2011

"The experts" again admit that they're clueless, and then tell us what we need to do

WASHINGTON (AP) — The world's major economies are pledging to take strong actions to restore financial stability and calm financial markets that plunged on Thursday over renewed fears that the global economy was headed toward a new recession.

Finance officials of the Group of 20 major economies issued a statement late Thursday saying they were committed to a strong and coordinated response to renewed challenges coming from the European debt crisis and weak economic growth in the United States and other countries.

When it comes to fixing the economy, they pretend to be clueless (and that everyone else is even more clueless), but when it comes to destroying an economy, such as Libya's, they know exactly what to bomb. So, to fix the economy, we should be building the sorts of things they bomb when they invade a country for no other reason than to destroy it.