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Old 12-05-2011, 02:24 PM
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Default Interesting Read

Commentary on why things are not working out according to the normally accepted rules.

Guest Post: It's Time To Give Up On Mainstream Economics | ZeroHedge
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Old 12-06-2011, 05:01 AM
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Thanks Jungle.

You find the best stuff!
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Old 12-06-2011, 10:25 AM
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This from Murray Rothbard. Long essay explains, in part, how things got to be the way they are. Here is the opener:

More than any other single period, World War I was the critical watershed for the American business system. It was a "war collectivism," a totally planned economy run largely by big-business interests through the instrumentality of the central government, which served as the model, the precedent, and the inspiration for state corporate capitalism for the remainder of the twentieth century.

all of it here:

War Collectivism in World War I by Murray N. Rothbard
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Old 12-06-2011, 01:30 PM
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Default Don't know much about Geometry...

I don't know much about economics, but as an interested observer, I know I don't like this:

List of sovereign states by current account balance - Wikipedia, the free encyclopedia
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Old 12-06-2011, 06:55 PM
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Originally Posted by UAL T38 Phlyer
I don't know much about economics, but as an interested observer, I know I don't like this:

List of sovereign states by current account balance - Wikipedia, the free encyclopedia
That can't be right when there are 3rd world countries in front of the U.S



Ally
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Old 12-06-2011, 07:23 PM
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Originally Posted by DYNASTY HVY
That can't be right when there are 3rd world countries in front of the U.S

Ally
My point exactly......
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Old 12-07-2011, 04:56 AM
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Originally Posted by DYNASTY HVY
That can't be right when there are 3rd world countries in front of the U.S



Ally
You are just looking at it upside down-we are number one!-in debt.
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Old 12-10-2011, 10:10 AM
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Originally Posted by jungle
You are just looking at it upside down-we are number one!-in debt.
I see, that makes more sense now !


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