The Greatest Transfer of Wealth in History is About to Unfold :: The Market Oracle :: Financial Markets Analysis & Forecasting Free Website
He, he, funny how there are more and more confirmations of how socialism and capitalism changed places. Developed countries are more and more mimicking the former socialist countries. Look at governments saving major banks as if they were state property, at war generals hold press conferences and that is the major source of news (hence the popularity of Al Jazeera in Iraq invasion), etc. At the same time capitalism is growing stronger and merciless in former socialist countries of Russian and China. Well, the last still officially a socialist country. Since Castro left, I reckon Cuba is soon to join the club.
The middle class might be disappearing in G7 countries but is growing in the developing nations.
Guess there is that third level. The one of countries grasping for air and unable to support or develop themselves. But that's another topic.
He, he, funny how there are more and more confirmations of how socialism and capitalism changed places. Developed countries are more and more mimicking the former socialist countries. Look at governments saving major banks as if they were state property, at war generals hold press conferences and that is the major source of news (hence the popularity of Al Jazeera in Iraq invasion), etc. At the same time capitalism is growing stronger and merciless in former socialist countries of Russian and China. Well, the last still officially a socialist country. Since Castro left, I reckon Cuba is soon to join the club.
The middle class might be disappearing in G7 countries but is growing in the developing nations.
Guess there is that third level. The one of countries grasping for air and unable to support or develop themselves. But that's another topic.
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