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Harry Mills
Eurodollar University
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Comments by "Harry Mills" (@harrymills2770) on "Germany is PLUNGING and it’s Spreading to the Rest of the World" video.
@FonokFonok-mo6mp Economic theories are useful for making short-term predictions based on trend-line analysis. They over-complicate the language and syntax of the mathematics involved, but I've never seen an economist quantify or predict the one thing that makes trend-line analysis useless: innovation. New products and production methods don't really fit in the zero-sum thinking I see from most economists. In a true free market, profits shrink through competition for customers. We don't have free markets. We have government-dominated markets.
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"Cyclical forces?" More like death-spiral policies.
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