Too big to fail ? Capitalism has failed
The US has always been the leader of the free market system until the words "too big to fail" became a common saying. According to Jim Rogers there is no such thing as too big to fail. If a company fails, the competent takes over from the incompetent. This is how the system has always been designed to be. Unfortunately the elite has created these" too big to fail" monsters. They know that they can pretty much do anything including very risky investments since they know they are going to get bailed out. This is definitely not the free market system as it was meant to be and the noble intentions of the founding fathers of the US. There was a believe that Capitalism was compatible with the teachings of the bible. I wonder what Jesus would say if he would return to earth today and see the current state of capitalism with all the scandals and corruption going on. What is needed is an honest money system based on some commodity which cannot be produced out of thin air, ideally gold and silver.
Click here to post comments
Join in and write your own page! It's easy to do. How? Simply click here to return to Comments.