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

To: TobagoJack who wrote (63511)	5/10/2010 6:49:06 AM
From: elmatador	Respond to of 217774

and we are the stupid ones? :-)

To: TobagoJack who wrote (63511)	5/10/2010 8:17:26 AM
From: THE ANT	6 Recommendations Read Replies (2) \| Respond to of 217774

Europe and the US can not accept the fact that they are half as wealthy as they thought.They are fighting asset devaluation tooth and nailThey are fighting a 1-2 X relative wealth fall against the emerging economies.The Greeks who had no right to live at 5 X the wealth level of the Brazilian as of 6 years ago are now ar 2 X and fighting not to go to even.The average Greek has no right to live any better than a Brazilian.The American with no education or skills has no inherent right to live above the Brazilian in the same situation.The advantages the US holds in terms of rule of law and ease of starting a business and ease of credit are overcome by throwing away our capital and incompetence of governance.The US and Europe are encouraging further capital loss.Also,if they create inflation they will cause a greater loss of inflation adjusted asset value.When will the incompetence stop?