2009-12-29 — blogspot.com
" The fund managers who correctly predicted the housing collapse and the rise in gold, now predict the economy's next leg down. The second theme in the article is on capitalism, fractional reserve lending and what the government should have done."
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tvsterling at 15:35 2009-12-29 said:
The cure is always more government interference because the taxpayers demand it. Modern people are all about instant gratification & having things done for them. Government finds itself in the position of being a wet nurse for a nation of spoiled children. They expect action from government not maturity & responsibility from themselves. Not everyone is a spoiled child but everyone, prudent or not, is forced to share the pain. The whole system from top to bottom is riddled with this basic unfairness. Permalinkadd a comment | go to forum thread
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