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


To: TobagoJack who wrote (64200)5/25/2005 1:05:57 AM
From: Maurice Winn  Read Replies (1) | Respond to of 74559
 
<all is well then, forever>

TJ, As usual we disagree. My description shows things are very unwell indeed. But you know that and are being ironical. So we agree again and therefore one of us is wrong.

Maybe things really are "all well" in that case, and just are. Nature working its wonders includes a LOT of competition and failure and elimination from the evolutionary race.

My super-duper new currency is going to involve a vast amount of capital destruction, from the point of view of some people, but enormous capital creation and liberation for many many more people for a vast net gain for those not losing.

Those losing will be ill-disposed towards the fancy new currency spinning looms and will try to smash them, demanding a return to the good olde spinning wheel and knitting needles. Luddites are not extinct.

I suppose your integrative innovation is similar.

Mqurice