Tuesday, August 31, 2010

Business and successful capitalism is based upon honesty and reciprocal trust!

http://www.smh.com.au/business/dragon-could-get-burnt-20100830-147e0.html

Which is why the Celtic Tiger failed! The agency failure, OPM, other people's money, means funds disappear, possibly for a long time. The efficacy of capitalism is damaged. Until trust returns, long after demand returns, capital will not be accumulated honestly.

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