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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (11453)11/27/2001 9:20:22 PM
From: LLCF  Read Replies (1) of 74559
 
<But that wealth can be destroyed in a short time if the mob gets envious of those who have and create more capital. There is no merit in 'sharing it around'. >

Ooops... you've just put a 'no' in that last sentence that doesn't belong there!! It's all a matter of degrees no?? I mean that's exactly why you have to 'share it around' to some extent IMO. No way the world puts up with ever increasing disparity... luckily it looks like our society is "pretty good" at giving away large fortunes... our kids will perhaps see how it pans out.

<I don't think that ownership of capital will be necessary for survival. People can sell their services and rent the assets they need [such as accommodation, cars, aircraft seats etc]. .>

At the risk of contradicting my above [all depends on degrees I suppose] I agree with you here, at some point the folks who pick up the garbage will simply demand more money or turn to robbing you.

DAK
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