Saturday, October 30, 2010
A Vision of the Future?
As Margaret Thatcher said: "The problem with socialism is that sooner or later you run out of other people's money." That thought could be amended to say: "If a nation keeps spending beyond its means to provide for its people what they should provide for themselves sooner or later their creditors will foreclose."
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It's said that Europe had the 1700's, Britain had the 1800's and America had the 1900's. It seems China will have the 2000's.
ReplyDeleteLOL, I've seen the parody of this on the Taiwanese parody station. This IS a little chilling, though.
ReplyDeleteI just found the parody and posted it. :-)
ReplyDeleteUnfortunately, the Chinese seem to be doing everything right compared to the US, so i will not be surprised if they reach this point.
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