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- Protectionism = Ignorance
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One top-down event that could severely hamper investors the world over would be a decisive global shift toward protectionism.
How anyone with any knowledge of history could want protectionist measures implemented is really amazing. Some people are truly ignorant about this — and I don’t mean that as the slam you might think. I simply mean “a lack of knowing history.”
Of course, many people are frightened about losing their jobs and think barriers will save their positions. But, again, history proves this is futile. And others may succumb to nationalist sentiments. But, gosh, that’s even worse when taken to the extreme. People can go for all sorts of lousy measures when they get nervous and emotional.
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8 Marzo, 2008| Fundamental Analysis |
admin @ 5:38
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Comment por admin :: 8 Marzo, 2008 @ 11:57