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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (631)9/20/2005 3:58:02 AM
From: Maurice Winn  Read Replies (3) | Respond to of 217984
 
<how can they cut taxes, that they use to redistribute to the voters that elect them, if those voters will kick them out of office if they do?>

Good question ElM, but it does sometimes happen. For example, in NZ in 1987, the Labour government in NZ were returned with a big margin, only to crash after the 1987 financial implosion, which in NZ was a real one.

I expect that the world will divide up into wealthy capital-friendly places and poor zones like Zimbabwe where capital is abused. There will be a gradation of countries from horrible places to reasonably good places.

None are likely to be great places, running fully Libertarian systems, because human DNA is still heavily polluted with chimpoid genes and most human minds struggle with such concepts.

The USA has attracted most of our capital for example. So the USA gets richer on our savings. NZ is too dangerous to our capital and gives low returns. NZ is a bludger society, with the electorate voting themselves other people's money. It shouldn't be surprising that the producers don't like being treated like state serfs and are leaving the country in droves.

Mqurice