Is there a new crisis coming?
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August 5th, 2011, 12:19
Yes, it is happening here as well, I suppose - but [b]implicetely8/b] through the use of Lobbyists and "Experts" who are formulating laws, but who aren't independent, because they have (too) good connections to the industry …
There are several laws of the Merkel Government which have very strong "hints" of being "influenced" by the industries …
But the real danger I see is that of *banks* controlling countries, simply becaue they have loaned the countries so much money they aren't really able top pay them back … We already had that. Think of the Medici, the Fuggers et. al. …
There's a simple rule capitalist economies usulally follow (somone else has developed this rule, not me) :
"Privatize profits, Socialize losses." This is what happened with the banks in the Financial Crisis.
What I don't exacrtly understand is, what you mean with "streamlining" … ?
“ Any intelligent fool can make things bigger, more complex, and more violent. It takes a touch of genius – and a lot of courage – to move in the opposite direction.“ (E.F.Schumacher, Economist,
Join Date: Nov 2006
Location: Old Europe
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