<...war and preparation for war is inflationary, and once prepared for, the resultant economic weakness can only be overcome by the initiation of war.
I will be travelling to Beijing today after three weeks of laziness in HK, and I doubt I will find folks feverishly preparing for war. I will find folks feverishly working, saving, investing, educating and hoping, in face of continued optimism that has lasted 23 continuous years, after a hiatus of 12 years.
I am an optimist, after all, even if I do cower in the dark corner, scoped rifle at ready, guarding my platinum and gold:0)>
While CB and you pray for war to lead us to economic nirvana, while cowering with your pot of gold, optimistically, I'll be financing the technological revolution and supporting globalisation and NO WAR!
The initiation of war is good? This must be how religious nut-cases get their wacky ideas. Somebody comes up with it then they all chant in unison, which makes it seem right because everyone is saying it "Let's put on our Nikes and fly to Hale Bopp" "Let's drink the Kool Aid" "God is on our side" "War is good for the economy".
You described the sequence to a good life: < I will find folks feverishly working, saving, investing, educating and hoping, > Learn, work, save, invest, spend = the road to health, wealth and happiness. People who do that do well unless they live in a religious nut-case place which thinks 'war is good for the economy'.
It becomes a cycle, started young, which expands as one ages. A 5 year old can learn, work, save, invest and spend then repeat the cycle over and over, expanding it as they go. Those who do not learn that cycle are doomed to a life of dislocation, confusion, penury and misery. If they live in a place which doesn't protect property rights, they can't do more than create a tiny cycle.
Mqurice |
