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6. Juillet 2009, 19:26:39

Papa Zoom

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Sujet: Re: This is your theory, maybe, but you have no proof, or historical record to back that up!

(V): "And AD's example is not relevant, it was not caused by a depression but a change in competition rules. If you cannot understand the difference then study economics"

The CAUSE is not relevant but the effect is. Therefore my example is more than relevant. We are talking about the effects of policy change. And in the same way ATT was split due to policy, so are the big car companies being bailed out due to policy. You can argue that the bailout policy is due to depression and you can also argue that the ATT split is due to a depression of sorts: smaller companies were economically depressed (or suppressed) by the big monopoly.

It's a relevant argument.