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

To: TobagoJack who wrote (115233)	1/3/2016 4:53:19 AM
From: elmatador	Read Replies (2) \| Respond to of 217550

The Great Unwinding points to class warfare in rich countries The system cannot be made more just, (just as in taxing higher echelons and keep a better balance) as higher income people will vote with their feet. The economic system, by its own nature, cannot be made dirigiste nor distributivist as capitalism and human nature conspire against that. Human nature will make people go to become receivers of a share of the economy without contributing to it. Capitalism need man's animal spirit to progress by destroying what it is, to make what makes more economic sense with something new. This means destroying people's incomes. Meanwhile China has a great advantage over the west. The Chinese system is naturally dirigiste and the masses accept that as fact of life. Therefore the China management (call it party of whatever but I prefer the term management) can use its immense power to steer the Chinese economy through the necessary changes. The west has to go though political processes that are not as effective as China's management system

To: TobagoJack who wrote (115233)	1/3/2016 7:35:03 AM
From: Elroy Jetson	3 Recommendations Recommended By Fiscally Conservative ggersh Mannie Read Replies (3) \| Respond to of 217550

You have to hope that people change the cause of inequality at the ballot box to insure people don't become angry enough to start a shooting revolution. You may recall my Great-Grandmother and her 3 kids, one of which was my Grandfather, left Moscow in Autumn 1914 after a 3 month visit to her parents in Moldova and her husband in Moscow. The Czar's Cossacks were impressing young men into the military to fight WW-I so there were riots in the streets, so returned to the home she built in West Hollywood. On the way to Kamchatka on the rickety Siberian Railway more of the villages had been burnt to the ground for refusing to sell their meager grain supplies for the war effort and pay a portion of their crops for the War Tax. Having heard of the deteriorating conditions since 3 months earlier, my Great-Grandmother bought them all clothing from the servants in her husband's Moscow home, so they could dress as people without money and not attract attention on the train on the way out. It worked, but they were very hungry on the way out as the their train was frequently side-lined to give priority to military trains, as the Trans-Siberian railway at the time consisted of only one track with sidings to allow trains to pass. So the 2 week train trip took five weeks and only limited amounts of food could only be purchased at exorbitant rates. Once in Kamchatka life got better on a fishing boat to Kyoto, and from there traveled in style on the Luraline back to Honolulu and Los Angeles. My Great-Grandfather's neighbor across the street had a revolver but was shot dead in the forehead likely from a stray shot from someone in the street riot as he came out on his balcony to see what was happening. I wouldn't wish that level of social unrest on anyone. The problems in America from income tax levels which are too low are an easy problem to fix, but it's taking time for many Americans to realize how badly this current very low level of tax rate and tax receipts have destroyed the country they live in and it will get far worse without a change in direct toward Pre-Reagan Tax rates.