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France and the UK Could Be the Lynchpins of Europe

Mary218 Wrote: Jan 19, 2013 10:23 AM
A close look at how the Soviet Union was controlled, its economy a basket case of central planning, gives a perspective to what is happening now. The US and most of Europe are ruled by a political class that increasingly controls everything in the economy. The model appears to be duplicating the USSR. Unless something happens to change course, the old socialist model will go bankrupt, because of the same reasons the USSR died. However, look at Estonia, free at last and fiscally sound. It won't be the end of the world; just the end of Keynes and Marx.
Pistol Wrote: Jan 19, 2013 1:31 PM
Mary218, I'm forced to agree with Corbett of 11:56. The doctrines and ideas of Keynes and Marx have been around much longer than these two. the concept of a collectivist utopia, without competition, struggle or strife, goes back as far as written history. There are concepts which seem to be buried deep in the human psyche. Even over history, I see no signs of their disappearing. What's worse, the yahoos who choose to favor those ideas which appeal to human vice have no knowledge or concept of history to tell them they are choosing a failing horse. And so the cycle continues. The Baltic countries had 70 years of collectivism. Even Poitr Sixpack knows it doesn't work. His grandchildren may well try it again.
Corbett_ Wrote: Jan 19, 2013 11:56 AM
The world could very well fall back into another dark age. Liberty has been rare in the history of mankind.

Over the past two months, Europe's problems seem to have disappeared from the headlines. However, the new French Socialist government is pushing ahead with policies that favor significantly higher government spending, greater regulation of business and commerce, and severely higher taxes on high earners. The long term effects of these policies, which I believe will lead to further economic decline, may be given fresh scrutiny if France is drawn into a lasting conflict in West Africa as a result of its surprise intervention in Mali last week. The financial discussions that will certainly accompany a longer term strategic commitment to the...

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