Posted by: sidster April 8, 2011
australian $$$ stronger
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Nas bro,

I am saying the same thing. Capitalism has already failed some 25 years ago. Now what we have is a phoney capitalism. The only way this capitalism can survive is by spendiing and spending as much as its needed.

If they stop spending, this country will come to halt. Spending is the only way it can keep on going. Its a death vs slow death. If there was a true capitalism in US, the government bail outs should not have occured. If the bailouts had not occured god knows when and in what manner the world would have gone down and then revived.

Yes, they can cut on Millitary but once they cut it they will not remain as the bully of the world and the world would not listen to them. What is holding other countries from not to trade Oil in Dollars?? Its the American dominance that is holding that together, once that dominance is gone, forget about passing unfair international laws.

I guess this is how the profit taking model comes to failure. As the profit takers grow larger and bigger, they become so powerful that the rule of "free market" no longer governs them. They become bigger than the free market, the government, and the "invisible hand" becomes thier "right hand".
 
Last edited: 09-Apr-11 10:54 AM
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