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


To: elmatador who wrote (66249)9/20/2010 7:44:08 AM
From: axial  Respond to of 218705
 
"I never scare money away. Do you?"

That's it exactly. It's not so much that Islamic finance looks so good, it's that corruption, misplaced priorities and dysfunctional ideology in our finance and economics looks so bad. Not to mention suspicions that the financial sector has worked hand-in-hand with governments to enable financialization and economic servitude among less developed nations.

"In a financial world where greed has run amok and deceit and dishonesty is commonplace, the morality and ethical basis of Islamic finance may have much to offer."

The US had a magnificent opportunity to clean house and begin regaining the stature it once had. Instead it circled the wagons, covered up, and began pointing the finger at other nations. Here, in the preoccupation with a US-centric view of problems and major CYA spinning in financial political and economic elites, few recognize the damage that's been done. It goes far beyond dollars, and it will cost.

Jim