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The financial system - it's completely fucked, isn't it?
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Eduardo
Eduardo
375 posts

Re: The financial system - it's completely fucked, isn't it?
Feb 18, 2009, 15:11
I don't think that's what I'm thinking of. Why does everything have to be one side of the fence or the other? After collapse people will want a return to normal, but will be highly skeptical of the worth of financial assets. I predict a return to production values. I'm not imagining the end of capitalism or a totalitarian state. Just an economy made up of smaller entities who are not hell bent on world domination. A proper competitive market in fact, without the barriers to entry that globalisation & all it's associated beaurocracy entails. Big companies love beaurocracy - it keeps the riff-raff out.
And if governments want to intervene to protect their infrastructure & industry (currently only okay for banks!) they can do so, without being told they're anti-competitive and breaking the law (according to the ever-expanding-but-decreasing-in-number companies who "own" the market?)
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Re: The financial system - it's completely fucked, isn't it? (handofdave)		 Replies:
Re: The financial system - it's completely fucked, isn't it? (stray)
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