Gold and Silver Juniors, Mid-tiers and Producers 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.

Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: koan who wrote (34347)	2/27/2007 6:03:37 PM
From: E. Charters	Read Replies (1) of 78419

You hit on the principle of lending to win. If the developers continue to borrow they will always be in debt as the MONEY to pay the INTEREST is NEVER created by the LENDER. Ergo constant debt. The developing countries have never figured that out. They think that the surplus or difference between production costs and received sums will allow them a profit to pay the overage, or interest! But where does that money for product come from? The lending nation, who will set the market rates. And the market rates are set favourable to the lender always. Also more money causes inflation, rising the developers costs. Usually in large industries overall too, the costs rise to meet the selling price, so surplus cash is a myth. There is no net profit within an industrial sector as a whole. Many world markets are set at highly competitive rates and poor developing nations in all areas except resources, are at disadvantage when it comes to engineering and building and shipping product. They have to have critical mass to compete in manufacturing. The same paradigm operates in food subsidies to starving countries. there was no big daddy for much of the history civilization so people who needed food learned quick how to grow it, or hunt it. Take the incentive away from them and they are crippled for generations. Send them food and why should they learn to grow or limit populations? It is false charity to send people economic aid except in the case of real desperation. Sending aid just because they are poor and not doing well is a mistake and will do them no good whatsover. In fact much positive harm. EC<:-}

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next