Economic Quote of the Day

Misery alone is not enough to fuel an economy.  Japan and Germany recovered and blossomed because they were capitalistic societies; their success is a triumph of capitalism.  China is toying with communism, socialism and capitalism, all at the same time. Unfortunately, at the time of crisis if a choice is given, government will chose the path of lower resistance — communism and socialism.  (Just think of what the U.S. government is doing today.) (bold by ed.)

From a post by Vitaliy Katsenelson titled Will China stay the capitalist course?

Posted by .(JavaScript must be enabled to view this email address) on 05/21 at 08:50 AM

Name:

Email:

Location:

URL:

Smileys

Remember my personal information

Notify me of follow-up comments?

Submit the word you see below:


Next entry: David Souter, Now He Notes The Endarkenment's Shadow

Previous entry: Green Day Soundbite

<< Back to main