The Age of Turbulence
Alan Greenspan was a worldwide genious until just a few months ago. Having led the FED for decades he is still an advocate on neo-liberalism and market self-regulation (a.k.a Capitalism Jungle Law).
Northen Rock laid the 1st stone on the huge upcoming ecnonomical crash a year ago. Fanny Mae, Freddy Mac, UBS, Lehman Bros, Citigroup (60 000 layoffs!!) and even BPN in Portugal have proven money simply does not grow on trees and that banks are far from being wise and trustworthy money-keepers-and-lenders.
France use to be mocked by the neo-liberal countries like UK and USA for their conservative and protectionist approach to their markets and industries.
Who is laughing now? The fingers that were pointed now are desperatly seraching inside pockets for hopelessly lost money.
Things are so bad, the commies have been saying "Marx was right". This is strong feeling inside the econominc think-tanks and will not budge very soon.
The Era of Tatcherism is gone....
Strong and active Governments are needed, people cannot rely on companies to keep the wellfare of countries and populations. They incompetent and irresponsible. And noone can ever be blamed inside as we see from the contract breaking money compensations. The UK was lucky to have as PM the ex-Ministre of Finance, Blair was just pro-USA talk.
Northen Rock laid the 1st stone on the huge upcoming ecnonomical crash a year ago. Fanny Mae, Freddy Mac, UBS, Lehman Bros, Citigroup (60 000 layoffs!!) and even BPN in Portugal have proven money simply does not grow on trees and that banks are far from being wise and trustworthy money-keepers-and-lenders.
France use to be mocked by the neo-liberal countries like UK and USA for their conservative and protectionist approach to their markets and industries.
Who is laughing now? The fingers that were pointed now are desperatly seraching inside pockets for hopelessly lost money.
Things are so bad, the commies have been saying "Marx was right". This is strong feeling inside the econominc think-tanks and will not budge very soon.
The Era of Tatcherism is gone....
Strong and active Governments are needed, people cannot rely on companies to keep the wellfare of countries and populations. They incompetent and irresponsible. And noone can ever be blamed inside as we see from the contract breaking money compensations. The UK was lucky to have as PM the ex-Ministre of Finance, Blair was just pro-USA talk.
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