armstrong: is it time to turn out the lights, page-4

A very sobering message from Armstrong, and could be dismissed from lesser mortals, but not from him.

I could argue with him a little over socialism being rejected by China etc. I also believe a complete unregulated pure capitalist society would see us back at the days of feudal lords and 99% of the population as serfs battling to feed themselves and with no possesions of their own. Yes Armstrong did have a go at regulators.

I watched Alan Kohler this morning and he managed to put in his 2 cents worth at the end.

He said his opinion is that economic woes will continue for several years at least and those attending the economic gathering in England at the moment can do little and are merely spectators to what is happening. I think so too.