The term is 'quantitative easing' Don - something that sounds like you'd do it on the toilet. Here, we are printing money and buying our own Government Bonds with it. It's a slippery slope - investments in the US-UK are showing poor returns. I suspect the Chinese and Japanese may pull out - the only reason they haven't is they don't want to screw themselves by taking the losses. They must be looking for a cunning way to drop our stock before anyone realises and the market nose dives. You guys should have twigged by now that China and Japan both did very well as centralised capitalist states and that our own bullshit 'entrepreneurial-democratic-liberal-capitalism' is down the tubes. Japan may just have voted for some kind of democracy more than sixty years after you guys left. Democracy may well be much old than the Athenian-ethnic cleansing form we followed. A clearer look at the past than through daft GDP figures might give us better clues. Some of this is about working out how well we can organise work if we try. We might look to Bildung rather than Bulldung.
On 4 Oct, 02:57, Don Johnson <[email protected]> wrote: > There isn't much in that article I can disagree with gruff. I hope > you are right about China. Nothing would please me more then to see > Capitalism triumph over Communism. While our leaders here in the > States are frantically trying to devalue the dollar(I call it debt > reduction by attrition) we are blatantly screwing our biggest trading > partner by doing so. I hope it's the right thing to do. We'll see. > > I've always liked Chinese culture; notwithstanding the last 50 years or so. > > dj > > > > On Sat, Oct 3, 2009 at 2:16 PM, gruff <[email protected]> wrote: > > > It all depends, I suppose, on one's definition of democracy and what > > one expects from it, but I'd refer you to an article entitled "The > > Economic Path To Democracy" at > >http://kingmandailyminer.com/main.asp?SectionID=160&SubSectionID=712&;... > > > On Oct 2, 11:44 am, ornamentalmind <[email protected]> wrote: > >> I just ran across the following that seems salient. > > >> Quote: "In the Soviet Union, capitalism triumphed over communism. In > >> this country, capitalism triumphed over democracy." - Fran Lebowitz. --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups ""Minds Eye"" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/minds-eye?hl=en -~----------~----~----~----~------~----~------~--~---
