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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj


Sunday 29 July 2012

This article is as interesting for the comments as for the article itself. Jim O'Neill works for Goldman Sachs  so how objective is he,as reasonable as his argument sounds,in proposing Germany takes on more debt to solve a problem of too much debt ? Bring on Nigel Farage !

http://www.telegraph.co.uk/finance/financialcrisis/9434445/Germany-must-decide-if-it-really-wants-to-save-the-euro.html

2 comments:

  1. Unfortunately I have learned to discount anything coming on the letterhead of Goldman Sachs. When trust is gone so are free markets!!!!

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  2. yes true. I remember Jim before he joined Goldmans and he has a good market brain but as you say..

    ReplyDelete