Booms, Busts, and Recoveries Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Raymond Duray who wrote (40868)	11/5/2003 4:27:06 AM
From: elmatador	Read Replies (1) of 74559

<<Capitalism is an evil and inhumane system>> Perhaps, but once this system has overproduced, it has the power to redeem itself. The system produced efficiencies whereby resources to improve our lives cost a fraction that it cost 100 years ago. It improved itself through several waves of Booms, Busts and Recoveries that today, only by acting real stupid it can be derailed. Stupid like this one we are seeing perpetrated right now. To remediate this myopic economic policies it is necessary to spread capital more evenly. Taking it from countries where there is no economic activity but lots of capital, to countries with lots of economic activity but lacks it. Is this or take people from where there is no capital to where this capital is piled up.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next