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RE: Why Keynesian Economics will never work.... It's stupid, for starters...
correct.
one small problem.
consider WWII as urban renewal
We removed their old obsolete factories.
then the Marshal plan rebuilt them.
from the sixties on they were in competition with us.
we had old factories.
they had brand new ones.
A planned strategy..
Never confuse banks with borders....
Once the wealth was extracted post ww2 to the US, and people were 'rich', it then had to be redistributed - Japan in Asia, and Germany in Europe, predominantly.
For the communist (keynesian) strategy to ascend, no one can ever be allowed to get too rich - perpetual reduction and redistribution.
The we all get poor at the same rate...it's easier to bring on the one world government, and real totalitarianism.
(In my opinion)
I have a different interpretation of the facts, which I don't dispute.
but you know that.
I do indeed, sir! lol