Post
Topic
Board Politics & Society
Re: Argentina, on the verge of a new currency collapse
by
majamalu
on 19/05/2012, 06:11:21 UTC
Who's going to invest big in Argentina this time?

Those who are granted a monopoly.

who will they borrow from?

Those who get the money at gunpoint, basically.

Wow... another lost generation. How do you get out of this cycle?

Good question. I think not much can be done to remove the religion of statism (at least in the short run).

What you can do is understand the mechanism, prepare yourself for the inevitable and then try to stay calm while blood runs through the streets, like those people that made big fortunes during the collapse of 2001/2002.

Stupidity on a massive scale is like a force of nature: You learn to take advantage of it or it will destroy you.