The US system of capitalism has become a system where the capitalists have no capital. The big banks have too little in savings…not enough ‘buffers’ to protect them from unexpected crises. They made a fortune during the boom years…
September 7th, 2009 | Bill Bonner | 0 comments | ContinuedAll Posts Tagged With: "capitalists"
Capitalism and Capitalists
Here at The Daily Reckoning, we don’t particularly like capitalism or capitalists. We just don’t like anyone telling us what to do. So, doing unto others as we would have them do unto us, we make no effort to tell others what to do with their money.
February 25th, 2009 | Bill Bonner | 1 comment | Continued
Why Those Who Praise Capitalism Have So Little faith in It
Everyone is perfectly happy to let capitalism do its stuff – as long as they like the results. But cometh a correction and all of a sudden the press is full of whining pundits and meddling politicians.
May 22nd, 2008 | Bill Bonner | 2 comments | Continued