Gday Mick
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Furthermore, businesses require a growing market to increase their profits. Thats what it comes down to, profits! For good or for ill.
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Understood, which is why i'm pessimistic at present.
A good analogy is the current EU.
Small countries dont believe they cant survive alone so need to join together.
Need massive new layer of administrators ( all very well paid ) to run it.
They cant get on with each other let alone run the show.
The strongest in the group gets stronger and the weaker ones start getting wiped out.
Those wiped out need to implement massive price increases for everything, even tho they have to pay it from handouts.
( Using handouts to cover price rises, where have i heard that before
)
Perhaps if Europe does collapse, and this time it takes several sovereign nations down, instead of just a few banks, it might change things.
( Ahhhh who am i kidding
)
Andrew