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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.22-0.2%Nov 21 4:00 PM EST

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To: gumnam who wrote (5801)4/25/2006 10:04:47 PM
From: elmatador  Read Replies (1) of 217973
 
gumnan has a point TJ. Before line up against the wall and shoot the whole lot a la Fidel, or Russia 1917. Or as you say the way done in China

Perhaps today the old guard just dies out by irrelevance. I can see this happening now in Brazil. The old guard used the political process to keep things going their way.

Globalization, de-regulation privatization, is removing their power. Power moves to the entities outside their grasp. They become irrelevant.

I can prove that because with what is happening in Brazil. Previously, any political crisis in Brazil would send the economy on a tail spin, currency down... Now there's allegations every day, ministers being sacked, congress in disarray, but the economy stands firm.

This is a very positive development worldwide. Perhaps the banker is still wedded to Mancur Olsson ideas of society changing only through upheavals...
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