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

To: elmatador who wrote (47249)	3/8/2009 2:33:43 PM
From: Maurice Winn	1 Recommendation Read Replies (1) \| Respond to of 217719

It's strange how exactly the wrong conclusions are drawn: <perhaps most dangerously, it will mean a major collapse of faith in free market principles and post-Cold War leaders.> The euro is not a free market currency. It is run by a central bank controlled by governments which are run by statists who control nearly everything and ban everything else. The rules are set by governments who make laws about employment [employees own the jobs once they have got hold of them], rent [you may not increase rent, repossess property], and everything else. There is not much free market and there certainly is not in the world of money. The central banks write themselves vast cheques and pass them around their buddies. How is it dangerous to lose faith in the politicians [so called "leaders"] who have ruined things? Losing faith in Big Brother government is a step in the right direction. Ron Paul got little support. In NZ, Act, Libertarianz, and free market ideas are treated as a joke. Around the world, free markets barely exist. Regulations and kleptocratic suffocatocracy in government is the main growth industry worldwide. Losing faith in Big Government and gaining it in Ron Paul and Libertarian philosophy would be a good thing, not a bad thing. Why should it be surprising that the result is like the USSR's economic progress? Voting for bad political ideas doesn't make them better. Mqurice