tag:blogger.com,1999:blog-4413935813892441553.post3672315107948738984..comments2024-03-20T02:13:42.947-05:00Comments on real economics: The Euro--another casualty of failed economic thinkingJonathan Larsonhttp://www.blogger.com/profile/05217670446743983955noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4413935813892441553.post-60538942416825820292011-06-24T09:07:36.119-05:002011-06-24T09:07:36.119-05:00The elites, these masters of the universe, have th...The elites, these masters of the universe, have thrown whole countries into chaos because they simply refuse to accept their house of cards financial schemes (that they thought so ingenious that their wealth should reflect the greatness in their minds) were all worthless bubbles and they refuse to write them off.<br /><br />They continue to wreck generations of people worldwide because they deny this. They move the problem around, pretending this wealth they created on paper and computers is real, and if only they can convince the people of the world to give them all the money written into these worthless financial schemes it can still become real and they can become great. Dangerous folly!<br /><br />Where are the adults? Are all these masters deluded and incapable of seeing the chaos they have extending by not having their investments written down?<br /><br />Yet they continue to pretend it will all work out, they continue to let ordinary people who had no part in any of these financial schemes bail them out. <br /><br />At its root, this problem is stunningly obvious, yet they have created this massive interwoven curtain of banks, currencies, govts, and citizens that they try to hide behind, to disguise the truth.<br /><br />The true choice is obvious--to be an adult and accept this obvious solution...or continue to be a child wrecking increasingly larger things and more people as if they were toys. They have stalled long enough that even they should be able to see this now.<br /><br />They must do this, history will judge them with Hitler harshness if they do not.Mikehttps://www.blogger.com/profile/05252804186064393926noreply@blogger.com