Bill Bonner: Is Capitalism Doomed?

Bill-Bonner2

“Capitalism has so few real aficionados they could all probably be rounded up and shot in an afternoon.  The poor don’t like it because they think it – rather than their own bad luck or bad habits – keeps them from getting rich. The rich don’t like it because it threatens to ruin them with crashes and bankruptcies. Businessmen don’t like it because its process of ‘creative destruction’ threatens to make their industries obsolete. Intellectuals don’t like it because it is inherently unpredictable and uncontrollable. The media doesn’t like it because it gives no press conferences and provides no ‘talking points’ for lazy journalists. Investors don’t like it because it punishes their mistakes.”

http://www.bonnerandpartners.com/is-capitalism-doomed/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin