"Owners of capital will stimulate working class to buy more and more of expensive goods, houses and technology , pushing them to take more and more expensive credits, until their debt becomes unbearable . The unpaid debt will lead to bankruptcy of banks , which will have to be nationalized, and State will have to take the road which will eventually lead to communism."
Karl Marx, 1867
Comment: Communism, socialism, Big Governemnt all means the same thing to me: Inept systems that are not efficient nore responsive to change.
They (USA) have only one option that does not hurt (lose voters), the monetization of debt. Socialism by state control of the financial sector.
But as Americans will have a revulstion towards socialism on such a massive and dysfunctional scale, they will tear themselves apart as they line up for bread.
Where is capitol flowing, alive and well? India? China?
CANADA. By having moderated the wild excesses Marx wrote of, we preserve a free market. Flight to quality may recognize that Canada is not operating in the lawless, crazy way of Wall Street.
Howe Street and Bay Street are safe streets. Bring your capitol on!
SKELEG