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To: arun gera who wrote (71099)	2/7/2009 3:30:10 PM
From: Maurice Winn	1 Recommendation Read Replies (1) \| Respond to of 74559

Arun, that's a necessary but not sufficient condition for success: <the Victorian ethic of postponing pleasure for future reward that MQ refers to - may be a big difference between the Anglo and the Latino world. > <Or may be it is just the Ponzi financial markets rigged by the Anglo world for centuries screwing those who are sucked into the system which is the rest of the world... > It was easy for the local yokels to get sucked into the system. Look how Maoris lived before the genteel English arrived to show them how to hold a tea cup, polish silver, cut cucumber and join the self-determined private enterprise world of private property and capitalism instead of running around in naked tribes whacking each other with stone clubs. India was a sweaty, poverty stricken famine zone but Great Britain dragged the place into the 20th century. Unfortunately for India, the British left when asked and India spent half a century going nowhere. They even tried to get rid of the lingua franca, which was a great competitive advantage. China is flat out trying to learn American. "The Anglo system" isn't a Ponzi scheme. It is an investment scheme which anyone can join. Learn, work, save, invest and spend the rewards. Simple really, but incompatible with kleptomaniac instant self-gratification of chimpoid hedonism and socialism. Look at Japan go when they gave up military conquest and adopted Virtuous Victorian Values. To the top of the heap! Japan became more like England than England itself [except for language and a few other differences]. After a few more centuries, blaming the British will start to seem silly. ElM will wait a long time for "natural size" to return to those living by the eternal verities of Virtuous Victorian Values and the Five Financial Factors For Freedom, namely: Learn, Work, Save, Invest then Spend some of the profits. The Brazilian idea of shooting people in the back to rob them is not the road to wealth,, even if they give huge tax incentives to ethanol production. Mqurice