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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 398.55-0.2%Dec 18 4:00 PM EST

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To: Maurice Winn who wrote (25946)12/2/2007 11:41:50 PM
From: elmatador  Read Replies (2) of 218578
 
After Europe start getting poor, those Social-Democracies will be wiped out the map -to use a phrase of the local president here. Voting themselves into poverty. But the going was good and they could equate sacred cow democracy and wealth.

Future will show, that democracy doesn't = wealth. I'm not saying I'm against democracy. What I'm saying is that demo is not a condition sine qua non for wealth acquisition.

Look to Sing.The Economist say is no good and they are rich. Look to Malaysia. Mahatir brough them out fo poverty too. He had oil and he put it for good use.

People vote for Helen to distribute the wealth of NZ and look like they are making a good effort at voting themselves into poverty.

Demo is good for Iceland 250K people, Scandinavians...that type of mind set. Not for Nigerians, that's for sure. Neihter for Venezuela and Bolivia
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