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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Seeker of Truth who wrote (43708)12/20/2003 12:31:02 PM
From: Raymond Duray  Read Replies (1) | Respond to of 74559
 
Crisis is your partner.
The lonely path is the right way.


Arbeit macht frei, updated? <g>

Crisis is only the partner of those who are ruthlessly prepared to trample on the decent people who surround them.

Message 15371859

Iraq, California Energy Crisis, S&L debacle, dot.com mania and meltdown, etc. all seem to have one commonality. All were artificially created crises designed to swindle some segment of society and enrich a criminal class.

Crisis is the curse of capitalism. History is replete with examples. The Panics of 1837, 1893, 1907, 1929, 1987, 2000 were all the result of 1) excessive greed, 2) manipulation of the market and 3) inadequate regulation come to a cankerous head.