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For sale: the USA(credit or credibility)

19 november 2007, 09:00 | US Markets Redactie | leestijd: 1 minuut | moeilijkheid: 7 / 12 | (0)


To my opin­ion it’s the cred­i­bil­i­ty. First Enron and now Wall­street. That is not a coin­ci­dence. It is orchestred by arro­gant peo­ple. How can one believe that dis­tri­b­u­tion of risk will dimin­ish risk with­out any orches­tra­tion? It is a crim­i­nal act to put risks like this one at the low­er side of the soci­ety. Every sales­man knows that mak­ing prof­its equal­ize the degree of inno­cen­cy. Watch­ing tv or the radio every hour one can hear the mantra of mon­ey mani­acs which sounds as the imam’s song for a prayer ’ the’ free mar­ket will solve your prob­lems’. One can bet­ter call the present state of the econ­o­my as a bor­der­line-econ­o­my. It is not irra­tional, it is dri­ven by recur­sive work­ing neu­rons: while the prof­it is below that bor­der stop that activ­i­ty and acti­vate that oth­er one and stop if there is a iceberg.

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