Current Global Economic Threat - PART 4 Isokratia Global
Political and economic systems go always hand in hand. The world has witnessed huge destruction; Catastrophes, with millions of people dying. Where the root cause has been a purely financial crisis. In some cases such catastrophes, were triggered by financial collapse, which eventually resulted, in the most painful upheaval and changes we have ever witnessed. Examples are the Second World War, which if you like, ignited due to the financial collapse of the German market system. It is a well known fact that the collapse of the German economy brought catastrophe and instability, and became the cause for the rise of Hitler.
As such George Soros statement its true in bi-directional terms both in time and in cause; past and future in the time frame. Upsolute reliance on the market forces and or, too much unattained intervention, or play with the market forces, can be a cause for catastrophe. The human society has experience the past and paid heavy prices by unbearable pain. Lets watch out for the future, to avoid such catastrophes. Lets learn from the past and avoid making the same mistakes.