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


To: Maurice Winn who wrote (137907)1/7/2018 5:16:14 PM
From: arun gera  Read Replies (1) | Respond to of 218782
 
>Rather than envy the rich and try to rob them, justifying robbery with trite and glib slogans about dwarfs as "reasons", people should recognize envy as one of the 7 cardinal sins, admire what the wealthy person achieved and see what value they can create themselves for other people.>

Absolutely. Most people admire the wealthy, otherwise there would not be so many wealthy people living a normal and safe life. But the wealthy should not forget that they hit a little bit of a lottery to live in a time and a place where they could leverage the cumulative historical assets as well as current assets brought together by the collectives (the financial system, the judicial system, the government, the military,the media, utilities, transportation systems, and all).

-Arun



To: Maurice Winn who wrote (137907)1/7/2018 5:27:59 PM
From: arun gera  Respond to of 218782
 
>Isn't it weird how all those dwarfs and thousands of years of assets amounted to nothing in USSR, Mao's maelstrom, India's kleptocratic corruptocracy, Mugabe's Zimbabwe and Venezuela where there's stupendously vast amounts of oil? >

Yes. It is easier to destroy a system than build it. However, China and India were a big portion of the world economy and through fits and starts are going to get back there. The human resources of the two countries now overpower smaller developed countries, leaving only larger developed countries as serious competitors. Numerically, China and India, each produce more college graduates than USA, and the gap in quantity is going to increase and the gap in quality is going to decrease.

-Arun