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From: phil scott on 29 Nov 2009 11:41 Free markets WORK...but only within nations, and only with some caveats, such as no monopolies allowed, and wages kept adequate for that cultures viability...so people can buy what they produce, and keep the cycle going, free markets do not work across national borders without those controls.... free markets generate ruin for all concerned in that case. it seems that in the USA we appreciate free markets, with those controls, and it has been good... then we tried to internationalize free market philosophy beyond these ranges, **with no controls**.... and it is fast becoming a world wide disaster, as even the slaver nations end up loosing ... no wages, no purchasing power, no economy for anyone, Phil scott ... with a tip of the hat and many thanks to 'video'
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