To: E. Davies who wrote (5128 ) 2/7/1999 3:54:00 PM From: ahhaha Read Replies (2) | Respond to of 29970
Oh, it will happen, because it is happening. When it has happened then you will say, "why didn't someone say something". This has nothing to do with the subtleties of global finance. There is no such subtlety. Economics is in-your-face trivially obvious, a solved problem of previous centuries. If you have a job as an economist, how do you trick people to pay you? The entire 20th century in economics has been an attempt by economists to justify their compensation. Nothing else. The outcome has been disastrous for everyone. Predictions by economists are an order worse than those of the meteorologist. You are incomparably better off with a coin. Natural law leads to the default circumstance of free markets. One function of free markets is to adjudicate fairness. In this it is supreme. Individuals observe the adjudication and disagree that free markets are fair. So they make them fair by passing laws that prevent the market from doing what it naturally does. The pursuit of fairness by a few creates unfairness for the many, and chaos reigns. The legislated laws eventually fail because they are inconsistent with the fact that free markets are the a priori nature of economic existence, and the chaos causes people to retire the destructive laws. No big deal except for it takes time and squanders generations to undergo this process. People's lives are destroyed because a few university economists need to prove their profession is worthy. Every era has its Captain Dunsell. "Capt. Dunsell? Who the blazes is that?" - Leonard H. McCoy, "The Ultimate Computer". Everyone has a better way and yet, no way is best. The best leaders are those who don't lead. President Clinton may be the greatest President because he didn't get what he wanted. A good leader leads the people to lead themselves and thus does not lead. Very hard if not impossible to find that in this era of pretense to knowledge. We, the people, prefer to be sheep. And we are led to the slaughter. So don't complain when the ax falls, when the bell tolls, they are doing it for your own good and you accept that they know what's best. Somewhere in a far away place children are laughing. They slide down the slide. They swing with swings. They build sand castles in the sand box. They twist on the Monkey Bars and live a full life in their free little world. Then they grow and find out what kind of a hell hole world their caring, thinking, loving parents have created. They can't go back to the sand box, so they have to turn into monsters too. It's only fair.