“Just about every single thing that you could do to screw up a country, they have done. It is comical to see the extremes they have gone to. They are really completely out of control and the country is spinning off into la-la-land. Frankly, I love living right in the midst of all of it. There is a lesson to be learned from all of this, and I think it is a very important one. When it comes right down to it, any government – not just the Argentine government, but the US government as well – will simply do whatever it thinks it needs to do to keep the status quo intact, with no moral or ethical considerations.”
http://www.caseyresearch.com/articles/lessons-from-economic-crises-in-argentina
Related posts:
The Odyssey of Sound Economics
All I Want For Christmas Is the End to Unnecessary War
Lower Taxes Tapped a Beer Revolution
Bill Bonner: Is This Capitalism’s Achilles’ Heel?
20 Things 20-Year-Olds Don't Get
Internationalizing in Chile
Bill Bonner: Capitalism and Sex Slavery
India’s Gold Mania
Iraq back at the brink
That Which Is Incapable of Reforming Itself Disappears
The Myth of the Free-Market American Health Care System [2012]
Why a pizza can’t fly
Will China Rescue the Global Economy?
Stanford Seminar - BTC: Bitcoin, a New Value Chain in China
John Hussman: Yes, This Is An Equity Bubble