I guess this will get an ever-green in this Blog. A few days ago it was again "next payday". This time the program is "really" nice. EU has given Greece money to buy back their own bonds. Well that has a kind of new factor in it. The Greek debts were issued as usually with 100 % and...
of the current crises but return to sound economic action. As long as we do not take "Human action" serious we'll be fubar. We'll also be fubar while keeping fiat-paper as money. The history of fiat-paper is devastation. And there is no other word which just gets near this meaning....
Well sometimes a compromise simply does not work. There is one area where there can't be a compromise. Socialism Freedom The thing is you can't have (in the long run) a "little" freedom or a "little" socialism. As soon as you start with interventions, there will be but one...