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

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To: Snowshoe who wrote (78459)	9/1/2011 11:56:32 AM
From: carranza2	1 Recommendation Read Replies (1) of 218012

No doubt about it. I am on the hunt for the book as we speak. There is an incredible amount of wisdom to be learned from studying how ancient societies organized their affairs. Their advantage was that they dealt with human nature in the raw. Our affairs are organized vestigially, taking into account only fragments of what was known and valid long ago, which is valid now. They clearly understood the equation debt=slavery, for it was quite literally slavery that debtors faced if they could not pay. They also understood the social value of forgiving debts. It is fascinating that the first known word for freedom, amargi, meant freedom from debt. I don't know if I am making myself clear. What I want to say is that we can learn a lot, a whole bloody lot, from the way things were done in antiquity. The equation debt=slavery is one which we have forgotten but need to re-learn. And we are, except it is being re-learned the hard way. It also explains in some measure the cycle of credit expansion and bursting. If there is no voluntary wiping clean of the slate, it will be involuntary, and a lot more difficult.

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