New Posts For Thread: The decline and fall of western capitalism.And a solution.https://community.betfair.com/tradefair__financials/go/thread/view/94198/28709085/the-decline-and-fall-of-western-capitalismand-a-solutionAll our governments are doing is trying to let us down easy and let us down slow. Its happening hard and fast isn’t it.The most dirt poor, raggy @rsed, corruption ridden country in the world is doing a good job of defeating batman and Robin; the UKReally?https://community.betfair.com/tradefair__financials/go/thread/view/94198/28709085/the-decline-and-fall-of-western-capitalismand-a-solution?post_id=514180849#514180849Really?Sat, 24 Dec 2011 02:02:10 -0600Money is not the problem at all. Money is an inert substance. It can do you no harm.The people who currently control money, without accepting any responsibility for their action's, because the know that they can bail themselve's out by just printinghttps://community.betfair.com/tradefair__financials/go/thread/view/94198/28709085/the-decline-and-fall-of-western-capitalismand-a-solution?post_id=514175375#514175375Money is not the problem at all. Money is an inert substance. It can do you no harm.The people who currently control money, without accepting any responsibility for their action's, because the know that they can bail themselve's out by just printingFri, 23 Dec 2011 19:00:36 -0600First came the printing of money.Once that seemed to be accepted by the majority.....Then came the taxation....., of the printed money, ….but only for certain people. Then came the printing of more money to pay the taxation. A burden, that was , aghttps://community.betfair.com/tradefair__financials/go/thread/view/94198/28709085/the-decline-and-fall-of-western-capitalismand-a-solution?post_id=514175029#514175029First came the printing of money.Once that seemed to be accepted by the majority.....Then came the taxation....., of the printed money, ….but only for certain people. Then came the printing of more money to pay the taxation. A burden, that was , agFri, 23 Dec 2011 18:44:23 -0600A great thread!Thank you all very much.Today I read elsewhere that" there are 6000 bankers and financiers listed at the same address in the Cayman Islands."Is this true?If so, would some of these be the same folk who were involved with our debt problhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/28709085/the-decline-and-fall-of-western-capitalismand-a-solution?post_id=513968815#513968815A great thread!Thank you all very much.Today I read elsewhere that" there are 6000 bankers and financiers listed at the same address in the Cayman Islands."Is this true?If so, would some of these be the same folk who were involved with our debt problSun, 18 Dec 2011 15:20:15 -0600Glad you like it melv, it's a great classic that is vastly underappreciated.It's still relevant today.I think the sale of council houses in the '80s (and ongoing) under the right to buy scheme is at least partly to blame for high house prices today.https://community.betfair.com/tradefair__financials/go/thread/view/94198/28709085/the-decline-and-fall-of-western-capitalismand-a-solution?post_id=513172139#513172139Glad you like it melv, it's a great classic that is vastly underappreciated.It's still relevant today.I think the sale of council houses in the '80s (and ongoing) under the right to buy scheme is at least partly to blame for high house prices today.Mon, 28 Nov 2011 09:32:33 -0600Many many thanks. I will read this and I will be rereading my Stienbeck."Take now... some hard-headed business man, who has no theories, but knows how to make money. Say to him: "Here is a little village; in ten years it will be a great city-in ten yhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/28709085/the-decline-and-fall-of-western-capitalismand-a-solution?post_id=513165607#513165607Many many thanks. I will read this and I will be rereading my Stienbeck."Take now... some hard-headed business man, who has no theories, but knows how to make money. Say to him: "Here is a little village; in ten years it will be a great city-in ten yMon, 28 Nov 2011 05:47:30 -0600^retail banking that is.https://community.betfair.com/tradefair__financials/go/thread/view/94198/28709085/the-decline-and-fall-of-western-capitalismand-a-solution?post_id=513154703#513154703^retail banking that is.Sun, 27 Nov 2011 18:34:18 -0600Well the vast majority of the global population spends what it earns (and sometimes a bit more besides).I read an interesting book a while ago: the mystery of capital by Hernando de Soto.He basically argues that in places like Peru, Egypt and Haiti,https://community.betfair.com/tradefair__financials/go/thread/view/94198/28709085/the-decline-and-fall-of-western-capitalismand-a-solution?post_id=513154599#513154599Well the vast majority of the global population spends what it earns (and sometimes a bit more besides).I read an interesting book a while ago: the mystery of capital by Hernando de Soto.He basically argues that in places like Peru, Egypt and Haiti,Sun, 27 Nov 2011 18:31:08 -0600I have a feeling your meaning of the word "somewhat" is entirely different than mine.https://community.betfair.com/tradefair__financials/go/thread/view/94198/28709085/the-decline-and-fall-of-western-capitalismand-a-solution?post_id=513116049#513116049I have a feeling your meaning of the word "somewhat" is entirely different than mine.Sat, 26 Nov 2011 17:55:04 -0600If there was no banking cartel it would still happen, though to a somewhat less extreme extent.melv, interesting book would be the classic 'progress and poverty' by Henry George if you haven't read it.http://www.henrygeorge.org/pdfs/PandP_Drake.pdfhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/28709085/the-decline-and-fall-of-western-capitalismand-a-solution?post_id=513115737#513115737If there was no banking cartel it would still happen, though to a somewhat less extreme extent.melv, interesting book would be the classic 'progress and poverty' by Henry George if you haven't read it.http://www.henrygeorge.org/pdfs/PandP_Drake.pdfSat, 26 Nov 2011 17:45:11 -0600