Archive - Aug 6, 2012 - Story
RANsquawk EU Data Preview - Eurozone Sentix Investor Confidence - 6th August 2012
Submitted by RANSquawk Video on 08/06/2012 03:05 -0500Guest Post: It's A Matter Of Trust - Part 1
Submitted by Tyler Durden on 08/06/2012 00:12 -0500
Human nature hasn’t changed in centuries. We have faith that humanity has progressed, but the facts prove otherwise. We are a species susceptible to the passions of power, greed, delusion, and an inflated sense of our own intellectual superiority. And we still like to kill each other in the name of country and honor. There is nothing progressive about crashing the worldwide economic system and invading countries for “our” oil. History has taught that there will forever be manias, bubbles and the subsequent busts, but how those in power deal with these episodes has been and will be the determining factor in the future of our economic system and country. Humanity is deeply flawed; the average human life is around 80 years; men of stature, wealth, over-confidence in their superior intellect, and egotistical desire to leave their mark on history, always rise to power in government and the business world; this is why history follows a cyclical path and the myth of human progress is just a fallacy.
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