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The sooner everyone wakes up, evaluates this thing holistically and a global jubilee is called on all derivatives, perhaps all debts, and then try to set up an economy based around something other than the manipulated value of social contracts (fiat currency) or pretty-yet-irrelevant commodities, the better.
By the way folks, the bond market is starting to choke under the flood of govt debts being issued around the world.
A certain recently deceased comedian had it nailed many years ago.
Live, Monday night white collar crucifixions, on pay-per-view.
I can't find a link.
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"I do not agree that the dog in a manger has the final right to the manger even though he may have lain there for a very long time. I do not admit that right. I do not admit for instance, that a great wrong has been done to the Red Indians of America or the black people of Australia. I do not admit that a wrong has been done to these people by the fact that a stronger race, a higher-grade race, a more worldly wise race to put it that way, has come in and taken their place." - Winston Churchill, 1937 --{ORLY?}--
Last edited by tisonlyi; 01-29-2009 at 07:01 PM..
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