Wednesday, February 18, 2009

A word of warning.

"...the state's increased role in times of crisis is a natural reaction to market setbacks. Instead of streamlining market mechanisms, some are tempted to expand state economic intervention to the greatest possible extent.

[...]

In the 20th century, the Soviet Union made the state’s role absolute. In the long run, this made the Soviet economy totally uncompetitive. This lesson cost us dearly."
Who exactly was it that gives us a lesson in historical perspective?

None other than Vladimir Putin during a speech at the opening ceremony of the World Economic Forum in Davos, Switzerland on January 29th of this year.

Dogs and cats living together. Mass hysteria!

2 comments:

  1. ED clothing
    designs have their origin in tattoo art. hardy shirts
    are bold and edgy, you can see hardy shirts
    stores here and there especially all over the world, just please visit the ED Hardy Shoes
    online store

    ReplyDelete
  2. ED clothing
    designs have their origin in tattoo art. hardy shirts
    are bold and edgy, you can see hardy shirts
    stores here and there especially all over the world, just please visit the ED Hardy Shoes
    online store

    ReplyDelete

No profanity, keep it clean.

Note: Only a member of this blog may post a comment.