Wednesday, September 24, 2008
THE ECONOMY
Ok, you economic experts out there...are we about to enter the NWO via an economic collapse?
I watched part of Jim Kramer's "Mad Money" tonight, and felt like I was living in Germany before the rise of Hitler.
Is it time to grab the cash out of the bank account and hide it in the sock drawer?
An article at Catholic News Service, reporting on an article in L'Osservatore Romano blames the crisis on faulty economic systems and "now-debunked economic theories". It recomends "new rules". Other news sources are talking about the greed factor being an important cause of the crisis. As listen to them, I can't help but wonder how much of a part Austrian Economics has played in the crisis, and how the laissez faire Austrian system could/would cause such a crisis. If you see it otherwise, enlighten me!
