FromHK

Next Up, an Ownership Share in Banks

The communism doctrine believes the society progression from slavery, to feudalism, to capitalism, to socialism and eventually the nirvana state of communism. The failure of capitalism is inevitable and the raise of socialism is just around the corner. The greed of capitalists and the deprevation of workers (or mortgage borrowers) are the root evil of the system. It looks like Marx is well on his mark:-) The irony is that at the brink of the capitalistic West is collapsing, the socialist countries like China, Russia and the Eastern Bloc are jumping headlong towards Capitalism. How funny. And did you note that China just announced last week that it's going to allow margin lending and short selling! Some guts to encourage leverage when credit problem is bankrupting the system around the world...