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

To: Rolla Coasta who wrote (36150)	6/27/2008 8:13:21 AM
From: elmatador	Read Replies (1) \| Respond to of 218916

In the road to plenty of everything. Just investing to get there. Economics is a creation of Europeans in tiny unheated apartments. Surrounded by squalor and ignorance in Austria, Germany and Scotland. It is that frame of mind that landed the world where we are today. It was that frame of mind that created capital as something to be hogged, accumulated and not spread. We ended up with the worse possible allocation of capital in the last 60 years. Cut for today: we are now creating an economy where we don’t save for the sake of eating when we are 58 (longevity of Europeans early last century). We are creating a gigantic scale of production never ever possible to be imagined by the proponents of economics. We are not Europeans engaging in decade long wars for the Ruhr or Alsace. For a harbour to the sea or for lebensraum for agriculture. Millions killed for an iron ore mine and a few coal holes in the ground. We are not enslaving people to work for us or colonizing people to supply raw materials. We are not Europeans. That is the difference today. For the first time in the last 4.000 years we are starting something that is not created by Europeans. Thus not having a mindset of scarcity. But of plenty. Those Puritans, need a catastrophe coming upon them every day. That's the only way they can live. Even when plenty is at hand, they come with a scorching Earth idea of man creating wealth means destroying the planet. What a bunch of spoilers!