To: arete; Starwind
There is no way with that risk sitting out there, that the ruling class elite in the political and financial markets are not going to be actively involved in "managing" the markets.
It is not clear at all the the "ruling class elites" have any motive to prevent a downturn. True, I don't think that a sudden, massive crash is in their interests, but a slower, more drawn out downturn is nothing more than the final touches of a massive transfer of wealth and control into their hands.
[z]
34 posted on
04/07/2003 8:18:31 AM PDT by
zechariah
(Dangerous Jesus Lover)
To: zechariah
For them, it's a trade. They can't make nearly as much money with social unrest and political instability. They already paid good money for those politicians and they don't want to see them getting thrown out of office. Plus, they never know what the end result of social disorder may be. It is important that the serfs not become too restless, otherwise the puppet masters could literally lose their heads.
Richard W.
35 posted on
04/07/2003 8:59:30 AM PDT by
arete
(Greenspan is a ruling class elitist and closet socialist who is destroying the economy)
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