Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: marcos who wrote (26933)	1/6/2003 3:32:15 AM
From: elmatador	Read Replies (1) of 74559

It won't work, amigo! I'm not trying to say it is not the right thing to do. It is! The problem is that such sensible measures upset the collusions created on a society that has been for too long time stable. It will upset the established order. Just as proof see how the Telecom Act of 1996 didn't work and it is now been reverted. The US is not a capitalist economy. It is a monopolistic capitalism at work. You break a Ma Bell today just to see it springing up alive and well a few years later. Dependency on oil? Well, just look to big oil companies salivating at an Iraq "liberated". Is it new? Of course not! Did anybody forget Mossadegh being replaced by the Shah of Iran. It was 50 years ago and the US is still at the same stage. Government sanctioned cartels such as IATA, patents, tariffs, regulations and other trade restrictions promoted the growth of monopolies. The fall of the communist economic model is followed by the fall of the monopolistic capitalism.

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