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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?


To: Stitch who wrote (3977)5/28/1998 11:13:00 PM
From: Ron Bower  Respond to of 9980
 
Stitch,

My exact thought. I can only pray that it isn't as serious as the article states.

This is insanity!!

Ron



To: Stitch who wrote (3977)5/28/1998 11:17:00 PM
From: B Tate  Read Replies (1) | Respond to of 9980
 
Stitch

Have you read this morning's NST?

PM: Free market system must be re-evaluated in light of results

Article too long to retype but some snippets.

...said the system, which was designed to enable the people to prosper through their own initiatives, had been translated into unrestrained dominance of the rich over the poor, and the strong over the weak...

..Likened the free market system to feudalism, socialism and communism, which were fervently believed to be right and good for human society at one time, but had all gone wrong....

...said through currency devaluation and depressing the stock market, the new capitalists had found the most effective instrument to create fear...

More of the same capitalist bashing, wonder how his kids feel? They sure as hell used the "capitalist" system to line their own beds.

Sound like a recently ousted SE Asia president's lament??????

What a charade.

bt