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To: Errant

The real question is will there be a silver lining that brings about a return of honest money and free markets, or will we sink further into fascism?


2 posted on 05/18/2010 10:59:43 AM PDT by Spok (Free Range Republican)
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To: Spok
Good question. I tend to agree with the author:

"The adjustment period will be very long and will involve economic and human misery, leading to social unrest and major political change. It will be a horrible experience for the world during this extended period of adjustment. But it will be like a forest fire that clears out the deadwood and creates the conditions for strong new growth.

Once the new era starts it will therefore be from a very much lower level and individuals will be rewarded for hard work with little or no social security safety net.

Credit will only be granted for sound capital investment projects, not for consumption or speculation. Ethical and moral values will return and the golden calf will not be worshipped. But before that, the period of readjustment will be very long and extremely difficult for the whole world."

3 posted on 05/18/2010 11:06:12 AM PDT by Errant
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To: Spok

Last time something like that happened, it lead to the rise of the Nazis and the Roosevelt administration. So the answer is, if this happens, No.


5 posted on 05/18/2010 11:10:39 AM PDT by Little Ray (The Gods of the Copybook Headings with terror and slaughter return!)
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