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To: TINS
What is a responsible, secure investment, the day all the banks fail and no salaries are paid anymore and nobody connected to any of either can demand anything?

It is a delusion, the idea that your own wealth is or ever can be independent of the prudence and success of other people.

154 posted on 07/14/2008 10:44:09 AM PDT by JasonC
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To: JasonC

nothing, of course. But so what? There are two strategies for success: one prudent, one more risky. Prudence should be rewarded in small, tortoise-like fashion—else everything is pure risk.

And guess what? If everyone is forced into a choice between socialism, and pure-risk capitalism, guess what they’re gonna choose...


159 posted on 07/14/2008 11:55:31 AM PDT by TINS
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