2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

GLD 366.51

+1.2%

Nov 5 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TobagoJack who wrote (115233)	1/3/2016 4:53:19 AM
From: elmatador	Read Replies (2) of 217546

The Great Unwinding points to class warfare in rich countries The system cannot be made more just, (just as in taxing higher echelons and keep a better balance) as higher income people will vote with their feet. The economic system, by its own nature, cannot be made dirigiste nor distributivist as capitalism and human nature conspire against that. Human nature will make people go to become receivers of a share of the economy without contributing to it. Capitalism need man's animal spirit to progress by destroying what it is, to make what makes more economic sense with something new. This means destroying people's incomes. Meanwhile China has a great advantage over the west. The Chinese system is naturally dirigiste and the masses accept that as fact of life. Therefore the China management (call it party of whatever but I prefer the term management) can use its immense power to steer the Chinese economy through the necessary changes. The west has to go though political processes that are not as effective as China's management system

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next