5 Responses to Economist says Eurozone fall akin to the Great Depression

  1. Mike UK says:

    The end of Socialism and the reality of Darwinism with the survival of the fittest and most adept, perhaps? One can sense a cull of mankind coming on all fronts and it’s not as if people haven’t been warned. ‘As in the days of Noah’, even?

  2. tonic says:

    Ironic that banking deals with our accounts, but can seemingly,… be held to account,… for .. well……nothing.
    Times we live in.

  3. M.A.D says:

    I had a lot of work, so I was thinking, OK, I can give some one a job, so I got all my workers comp, did all the tax things, it cost me some money , but hay a few jobs for a few guys all good, Not guy # 1, told me the work is to hard I don’t like this work, so he is gone, guy # 2 works for 6 month, then comes to me one day, he told me he hert his back on a job of mine, I told him to go home, I had a clam with workers comp, they told him he could not prove it happen at work, my point! I think any one that really would like to work, they are working, I am now working my wife and I , that’s it for now, thank God

  4. Barb says:

    “Anyone who thinks exponential growth can go on forever in a finite world is either a madman or an economist.” Kenneth Bounding

    “They, economics and evolution, are both examples of a larger process, which has been at work in this part of the universe for a very long time. This is the process of the development of structures of increasing complexity and improbability. The evolutionary process always operates through mutation and selection and has involved some distinction between the genotype which mutates and the phenotype which is selected. The process by which the genotype constructs the phenotype may be described as “organization”. Economic development manifests itself largely in the production of commodities, that is, goods and services. It originates, however, in ideas, plans, and attitudes in the human mind. These are the genotypes in economic development. This whole process indeed can be described as a process in the growth of knowledge. What the economist calls “capital” is nothing more than human knowledge imposed on the material world. Knowledge and the growth of knowledge, therefore, is the essential key to economic development. Investment, financial systems and economic organizations and institutions are in a sense only the machinery by which a knowledge process is created and expressed.” — Kenneth E. Boulding

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