Originally Posted by scout

I guess you could say that however I don't think the Great Depression affected the world economy like our current banking crisis has. There was a great demand for US goods and we profited with good paying jobs which helped bring us out of the gutter. This time there is no demand for US goods and no wealth flowing in from around the world. Once the trillion or three is spent and we begin paying interest with no money flowing in how long to you suppose Keynes theory will hold up? Keynes theory or not we can't continue to have a negative trade imbalance while shuffling the same money and notes between banks and ever have any hope of sustained growth.