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

GLD 386.01

+1.6%

Nov 12 4:00 PM EST

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To: benwood who wrote (64006)	6/7/2010 2:08:16 AM
From: dybdahl	Read Replies (3) of 217734

What is the main reason for a high barrier of entry? The political structure or the economy? In Denmark, having been at the edge of the cliff and paying off a huge foreign debt for a couple of years meant that money-spending politicians had a harder time to get into office and economical politicians had an easier time to get into office. However, as soon as the debt was paid off, the international financial bubble started to grow, and politics shifted, making it harder to do good national economics. The financial crisis of 2008/2009 re-introduced sane economics, and our government just passed some serious laws that make it very clear to the population, that tax-paid expenditures are going down. I'm quite sure that life will be harder for unrealistic politicians in a few years, but then things might change again. If this represents something universal, the huge economic bubble in USA is to blame for lack of realism in politics. Once you have started to pay back on the debt for a couple of years, you will see a significant change of debate.

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