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To: ggersh who wrote (6481)	6/30/2010 10:06:37 PM
From: Real Man	Read Replies (1) \| Respond to of 222478

Yes, and pretty much everywhere around the globe. It's a crisis of Keynesian system, which was introduced in place of the gold standard in order to cut recession time during business cycle in half or more. The approach succeeded for a while with occasional country screw-ups (currency crises). During gold standard era US was in a recession 40% of the time. I think they will find something, eventually, although it will be just like order emerging from chaos, chaos of an economic crisis. That order may not necessarily be good, depends on political forces that will win the battle. In fact, history tells us it might be quite bad. -ng-