An ardent constitutionalist who believes that any nation with a powerful central government and no governing document is nothing more than AUTHORITARIANISM. I want to point out the duplicitous nature of DC, and the merits of individual liberty.
Iceland President: "we let the banks fail." 1. Is that true? I thought the banks in Iceland were nationalized? 2. Iceland has only a few banks, a small population and a tiny economy. Is that relevant to Europe or the US for comparison?
shouldnt be any surprise that this issue is subjected to a total media blackout. Even the alternative media that i follow doesnt talk about it very much. So Im not sure how accurate his language is, this is the most first-hand account I have seen of the situation. 2. Watch the long interview with Taleb. What he says kind of ties in to your question. I have always held the position that he talk about with the "island [biogeography or macroeconomy in this case]" theory. If it is not relevant today, its because the central banks have been consolidating influence, power, and "capital" since 1913 or before. this is exactly why I think that globalization and namely global standard currency is such a bad idea. Under the island theory, diversity is cultivated and populations may crash but immigration and emmigration is always available to allow escape and recovery. I suppose a lot of this fear is due to fearmongering, hysteria, and the fact that Goldman Sachs runs our fiscal policy. If I am is incorrect, then our entire global economy is at the mercy of financial institutions and subject to the volatility of the ethereal stock market. I dont see how anybody can agree with golbalization and global standards (trade or currency), that would clearly make the case for decentralization in my mind.
Iceland President: "we let the banks fail."
ReplyDelete1. Is that true? I thought the banks in Iceland were nationalized?
2. Iceland has only a few banks, a small population and a tiny economy. Is that relevant to Europe or the US for comparison?
shouldnt be any surprise that this issue is subjected to a total media blackout. Even the alternative media that i follow doesnt talk about it very much. So Im not sure how accurate his language is, this is the most first-hand account I have seen of the situation. 2. Watch the long interview with Taleb. What he says kind of ties in to your question. I have always held the position that he talk about with the "island [biogeography or macroeconomy in this case]" theory. If it is not relevant today, its because the central banks have been consolidating influence, power, and "capital" since 1913 or before. this is exactly why I think that globalization and namely global standard currency is such a bad idea. Under the island theory, diversity is cultivated and populations may crash but immigration and emmigration is always available to allow escape and recovery. I suppose a lot of this fear is due to fearmongering, hysteria, and the fact that Goldman Sachs runs our fiscal policy. If I am is incorrect, then our entire global economy is at the mercy of financial institutions and subject to the volatility of the ethereal stock market. I dont see how anybody can agree with golbalization and global standards (trade or currency), that would clearly make the case for decentralization in my mind.
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