Friday, June 7, 2013

Collective dangers

"Nonetheless, once collectivism becomes deeply established, as now under the Bernanke-Obama model, with most of the population depending on direct money from the state and free wealth from Bernanke, it would be very difficult politically to reverse it. As Aristotle predicted, the country will be in a declining or, at best, stationary state." - Economist Noureddine Krichene, writing in the Asia Times.

h/t: Sipsey Street

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