09-30-2008, 06:47 AM
Quote: How long until the rest of the world starts to feel the pressure?You don't read newspapers or watch the news? You think the dow jones can drop 7 % and that in the rest of the world nothing happens?
In Benelux the 3 goverments took a 49 % minority share in a big bank. etc. etc.
Quote:
It's funny how all of the other countries want to see America fail for their own selfish reasons, but when the giant falls, it will bring them down with it. Ironic!
Why would all countries like to see america fall? Why do you find something ironic? I think you have a twisted view of society and that just like occhi you see critisicm as anti americanism.
I personally think it is a good thing that it becomes clear that agressive capitalism based on personal interests is not the way to go. Something that is my opinion since I started thinking about politics. This is the reason why I am for a moderate capitalistic system that is social and has a good safety net for people that for reason beyond their influence don't manage to make a good living for themselves, fall ill, are handicapped etc.
If only the american people change their opinion a little bit and don't find socialism a dirty word I would be happy.
But does that mean I would be happy with this crisis? If you think so you indeed have a strange view of the current situation.
No I don't like this crisis because 1) the wrong people are victims (as well as some that deserved) while the big wall street stock brokers and stock owners don't feel almost anything 2) my shares are also down an average 50 % 3) (the selfish reason) crisis in the US means crisis in western europe 4) etc. etc.
Like I said in the beginning, lets try and make this crisis not for nothing so lets realize that the aggresive form of capitalism and loan-culture is not the way to go. However I am very sceptical that we will do something with those lessons.