[Rhodes22-list] Economics - The World Has Gone Mad

[brad haslett]

Mike,

We've already done the infrastructure thing here - via the Chinese -

http://www.youtube.com/watch?v=WPcLPzItOQs

That's how we got Chinese laundries.

Brad

--- On Mon, 12/29/08, Mike Cheung <mikecheung at att.net> wrote:
From: Mike Cheung <mikecheung at att.net>
Subject: Re: [Rhodes22-list] Economics - The World Has Gone Mad
To: rhodes22-list at rhodes22.org
Date: Monday, December 29, 2008, 5:47 PM

Brad,

Actually following the Chinese lead might not be all bad.  They're
embarking
on a WPA style infrastructure improvement that we'd not do badly by
imitating.  If we're gonna "blow" the money (actually debt)
anyway, we may
as well have improved the capital infrastructure of the nation in the
process.  Roads! Railroads! and (of course) Runways!  My $0.02

Mike Cheung, s/v Muireann


Brad Haslett-2 wrote:
> 
> First is was China, now Cuba, and we're going to follow the failed
> policies of the Great Depression and Japan's "Lost Decade"? 
Nuts!
> 
>
http://www.reuters.com/article/worldNews/idUSN2727857920081228?feedType=RSS&feedName=worldNews&rpc=22&sp=true
> 
> Brad
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