Dutch Queen abdicates, Willem-Alexander to succeed

Comments (3)
DeanMJackson wrote:

The article reads, “With Willem-Alexander on the throne, the Netherlands is likely to revive the debate about the role of the monarchy and the high cost of maintaining the royal household, particularly when ordinary Dutch people are having to deal with austerity measures.”

“Austerity” is code for “stall mode” economies, designed to PREVENT an economy from recovering. Remember how “successful” such “austerity” programs were back in the 1960s, 70s and 80s when assigned to “third world” nations by the IMF? Yeah, just as “successful” as prescribed for the West the last four years.

As all economists know (including those at the Federal Reserve, the Bank of England and the European Central Bank) investments are not based on the cost of borrowing, but on the expected return on the investment. Of course, with near zero percent interest rates there is near zero expected return on the investment! So why are Western central banks continuing a policy that (1) is not working; and (2) is not working because it violates the tenets of economic science?

So why are Western central banks intentionally sabotaging their economies? Simple, if Western economies were robust Communist China would too be a-flush with foreign exchange, such foreign exchange going towards an even more massive military buildup than China is experiencing to date.

Now you know why during the 1930s Western nations kept their economies on “stall mode” too. Because Nazi Germany and Imperial Japan were arming for world war.

Jan 28, 2013 6:26pm EST  --  Report as abuse
JohnDioli wrote:

To Sara Webb and Anthony Deutsch: whoever wrote this article, should have written the Princess’s name correctly. It’s “Zorreguieta”, not “Zorrigueta”, and this information is very easy to check online.

Jan 28, 2013 7:28pm EST  --  Report as abuse
Darr247 wrote:

The Queen Bea be goin’.

Jan 29, 2013 12:40am EST  --  Report as abuse
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