Yes, and no. FDR outlawed private ownership of gold except for jewelry which had the same effect as ending the gold standard. Nixon ended foreign...
Other countries have used taxpayer money to support banks. It's not uncommon. The countries you mentioned are not using huge sums of "borrowed"...
Thanks for the update and glad you're ok. btw, I've been to Zhuhai. Lots of fun.
As I suspected, we're not that far off from each other. My grandfather fought in France in WW1 and I watched my father suffer from nightmares...
I admit I have a certain bias when it comes to seeking validation for my perspective of the world the same as anyone else, nevertheless, I believe...
Both sides in a war are likely to and usually do commit atrocities. The argument is left to who behaved worse. Wikipedia should always be...
Yeah, but that's the cool part. We get the benefit of hindsight. :D Also, N73 has made two posts. The first one had two words in it, the second...
I don't see any real disagreement here unless you're waiting for me to condemn what Hitler and Nazis did which I have no problem doing. The...
Definitely not a good, long-term solution. Thanks for sharing.
Yes, but what led to the super inflation? The Treaty of Versailles laid the blame for World War I squarely on the Germans despite the fact there...
That’s an interesting comparison. Also interesting is how the world is responding, or not responding, to the repressive Chinese Central Committee....
The last thing you want to do in retirement is risk capital. Sure, if you can afford to lose some of your money go ahead and speculate. You may...
A kind word and a smile goes a long way in the Philippines. Hey Teach, don't forget to hang on when that category 4 typhoon hits. Perhaps you...
Those are some great ideas. No, I don't consider myself an inventor but I do enjoy building things. I'm planning to purchase the solar power...
I didn't mean to include that in my previous post and would like to comment separately. I agree with you and am glad you brought it up. I think...
At this time, regardless of the "Main Street/Wall Street" rhetoric coming from the presidential candidates, most Americans are fine and will...
Thank you for your kind and gracious words.
Following my emigration I will say the same. The United States of America I believed in as a child no longer exists (assuming it ever did) but I...
I don't want to start an ideological debate here since I don't believe that's why this website was created. I know some have tried before to guess...
The collapse of WaMu has been interesting to watch, especially since I work just a few blocks from their (former) corporate headquarters. WaMu was...
