Saturday, October 11, 2008

Capitalism

To my recent kind commenter. Here's my 2 cents worth on Capitalism today with my humble knowledge about money. I don't think Capitalism will fail, because it already did.

I am glad the governments are starting to intervene pumping cash and planning to nationalize banks because it seems this is the only way out of the deep mess free Capitalism got us in. But once that happened, and the government (a republican government) started intervening with the market, its not truly Capitalism anymore.

And what's with all the momentum Obama is gaining. I listen to the guy and its like listening to Marx with all his middle class talk. Its not what he's saying, its the amount of people voting for him despite of what he's saying.

That's why I think Capitalism is already dead.