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


To: TobagoJack who wrote (60215)1/21/2010 4:55:50 AM
From: elmatador  Respond to of 220172
 
Austria Scotland and economics.

Those two countries invented economics. Lack of natural resources crated the minds to deal with scarcity.
That until we discovered that we live in a world of plenty and economics –which deals with scarcity- no longer holds.

Although they still have a pretense of ‘science’. The only thing economics can be compared with science is the idea that: everything that goes up, must come down.

That is the reason they thing: everything that expands must deflate. Thus call EM bubbles...