2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 378.35

+2.7%

Nov 10 4:00 PM EST

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To: elmatador who wrote (54426)	9/3/2009 5:22:27 PM
From: Gib Bogle	Read Replies (2) of 217656

:-) I appreciate the attempt at humour. In the US, and even on SI in certain quarters, words like socialism and fascism are flung about on a constant basis, usually by people with little understanding of the terms, or by people who can get political advantage from the ignorance of others. Speaking of the Jurassic, from some US media (Fox) you might get the impression that they're still fighting the cold war. Where NZ is concerned you're a bit off the mark though. We don't hear much about socialism. NZ has had a mixed economy for some time (socialism + capitalism) and both major parties are in broad agreement that this is the best way to run things. The only disagreements comes over where to set the knobs. Certainly it isn't a term of abuse in the mainstream political discourse. There are fringe elements, like the Libertarians, who decry NZ's socialist structures, but they are a tiny minority. Regarding the issue of nationalism, it's hard to be nationalistic about a country that half the world hasn't heard of, while the other half thinks it's part of Australia.

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