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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Broken_Clock who wrote (91907)12/22/2008 7:44:47 PM
From: benwood1 Recommendation  Read Replies (1) of 116555
 
Thanks, that was a thought provoking read.

The general rule always is 'follow the money' isn't it? I for one would be loath to argue with Charles Dickens. I think of gov't as an organism, and so it fights to grow and to persevere at any cost. It's a sum of survival instincts of the humans within, and they gain job security (and enhance their chance of survival) by having more to do than manpower can accomplish. The way to achieve that goal is a) inefficiency and b) create more work

b) is accomplished by usurping power, resources, etc.

Debt has been a great controlling vehicle, for now the States which were fairly independent in 1860 are now crawling to Washington D.C. with their hats in their hands.
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