Home

The GFC was all about “unconstrained and greedy economics”. So say the many Western governments who failed to manage competition and proceeded to distort markets everywhere unreservedly.

Then, rather than remedeate or correct the mistakes, most delinquent governments have protected their failures with massive public subsidies – subsidies which now threaten the very viability of sovereign nations.

A lot lost, very little learned.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s