socrateazz

The Chickens of Irresponsibility Come Home to Roost Under Obama's Reign

I wonder if you think multinationals could bring that money they have earned in from over seas. countries will act like the banks did if they try. And would they want to? I think if you really looked into the last 20 years of financials, you would find that most production companies have moved from finacially well off to the brink of failure. The wealth has been redistributed form the producer to the money movers. Producers have little leeway now. They need to either earn money or fail. The failures will cause shortages that will allow those who survive to continue with more earnings. But the people will have less to spend because more company failures will take place. I think history will repeat itself in that the economy will become more like the dark ages than we have seen in 200 years. The pheasants of the dark ages went into fifedoms out of need. The kings showed them relative safety. What happened was those in charge started to expect more while giving less. Socialism is where we are heading. I expect a dark ages type pheasantry is where we may be if things continue on ther current path