Introducing a new? scenario

Well it looks as if the diverse reserve banks like to start a degradation race. Simple and convincing idea. Well we just can out of this mess (we have encumbered) with exporting as much as we can. And well they did not say it yet, but are surely working on it. They want to raise the import barriers. They did not have learnt just the slighest things from the past. This was the road to the big world wars, and other global financial crises. How one can think that things having turned ot bad in the past suddenly start working automagically is beyond my understanding. And even if we wouldn’t have had the wors or other economic crises. If there is one but one road to poverty and dead, it’s hindering free trade.

But well if you live in deledefs land of plenty, everything is just a wish away…..

2 Gedanken zu „Introducing a new? scenario

  1. FDominicus

    Yes he may be right to the point with it. Yes it’s hardly to believe that most of our deledefs are unable to learn. It’s always the argument. “this time it’s different” and step into the next stupidity without any hesitation…

  2. KNussbaum

    As Albert Einstein says: “Only two things are infinite, the universe and human stupidity, and I’m not sure about the former.” Why should it be different in this case?


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