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

To: dvdw© who wrote (37573)	7/26/2008 8:02:47 AM
From: elmatador	Respond to of 217669

Words move the market not only in Russia. AG used to do the same with the US economy. AG took that US post tech-bubble burst and kept running based on doling out figures and talking.

To: dvdw© who wrote (37573)	7/26/2008 11:37:27 AM
From: elmatador	Read Replies (2) \| Respond to of 217669

How has the US been so successful in keeping its population in the belief the country is not elected oligarchies? As per Joseph Schumpeter (TJ another Austrian): political parties are firms that compete with each other. As the US became solid oligarchic, as predicted by the Iron Law of Oligarchy, -the Finance oligarchy elbowed aside the industry oligarchy- the strengths that created the country were exhausted. Industry gone, so went ebbed away the Blue Collars that turned middle class. As Blue collars turned middle class, vanished, in the last 40 years we witnessed the country creating a new generation that is not as educated as the previous one. As a result, the retiring baby-boomer does not leave behind a less educated new generation with the task to face the rest of the world. This accelerates the return to natural in the next two decades. It is a waterfall effect, Goes level, reaches waterfall and falls straight down. In the past 8 years US may have reached the water fall.