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Strategies & Market Trends : The coming US dollar crisis

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From: Real Man11/23/2009 3:25:14 PM
15 Recommendations  Read Replies (4) of 71456
 
This hurts:

Features of a Banana Republic

1) A collusion between the overweening state and certain
favored monopolistic concerns, whereby the profits can be
privatized and the debts socialized.

2) Devalued paper currency in the international community.

3) Kleptocracy -- those in positions of influence use their
time in office to maximize their own gains, always ensuring
that any shortfall is made up by those unfortunates whose
daily life involves earning money rather than making it.

4) There must be no principle of accountability within the
government so that the political corruption by which the
Banana Republic operates is left unchecked. The members of the
national legislature will be (a) largely for sale and (b)
consulted only for ceremonial and rubber-stamp purposes some
time after all the truly important decisions have already been
made elsewhere.

"a money class fleeces the banking system while the very trunk
of the national tree is permitted to rot and crash" -- Christopher Hitchens

en.wikipedia.org
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