Will Mankind Get Lucky?

Greek-Referendum-Trafalga-009What do all nation's citizens have in common with the Greeks? The Greek people have no influence over their government's spending. Neither do the citizens of Germany, United Kingdom, France, or the United States. Why would the Greek people feel a moral incentive to pay back money that was spent without their permission?

Like the American's Greeks have never reined in government. For that they deserve to consequences of allowing their government's spending to get out of control. Still, they feel no moral imperative to impoverish themselves to support a system that does nothing but exploit them.

If mankind is lucky, the Greek referendum will begin a reckoning process and a crash of asset prices. If such a thing happens it will be after a worldwide emergency buying spree by the Federal Reserve and other central banks.

On Monday morning, all central banks will be in the save the stock market mode. Saving the stock market is not as easy as it used to be.
The truth is a hard sell. Fantasy Free Economics gains readers one at a time. Major search engines simply do not list blogs which disagree with their political agenda. As long as folks share the link to this blog and others speaking out against the grain, the truth will at least trickle into the public consciousness.

Fantasy Free Economics recommends the following blogs.

Woodpiler Report Of Two Minds Liberty Blitzkrieg Mises Institute Straight Line Logic Paul Craig Roberts

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About Fantasy Free Economics

James Quillian is an independent scholar,free market economist, teacher of natural law, teacher and originator of the Fantasy Free approach to economics. James Quillian does not believe lies. Contact: news@quillian.net
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