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This text should be readable by people not familiar with my earlier texts and our other discussions of this topic. So if anything in it is unclear or is based on too many unsaid assumptions, please flag it.

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Sun Feb 3rd, 2008 at 10:07:08 AM EST
Ah, I hadn't been thinking of the term "Anglo Disease" next to ones like "Dutch Disease" in that way.  It's a good description.

Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin
by Drew J Jones (myfriends@thisispancakes.com) on Sun Feb 3rd, 2008 at 10:58:24 AM EST
[ Parent ]
I, for one, recognize some references to your familiar themes:

. What we've been witnessing over the past 30 years or so is not as much wealth creation than wealth capture.

. Focus of the establishment (financiers, governments, media) has been to limit wage inflation (bad) while favoring assets inflation (good).

These are points where those not familiar with your earlier works may stumble a bit: you might want to add some intro/recap around these areas.

Europeans think a hundred miles is a long way. Americans think a hundred years is a long time.

by Bernard on Sun Feb 3rd, 2008 at 01:45:42 PM EST
[ Parent ]
I think that it is quite understandable.

aspiring to genteel poverty

by edwin (eeeeeeee222222rrrrreeeeeaaaaadddddd@@@@yyyyaaaaaaa) on Sun Feb 3rd, 2008 at 02:04:44 PM EST
[ Parent ]

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