The big news already broke. The file-sharing and all that stuff, it's a done deal. And I think figuring out how to make that a fair exchange for the people that make music is still an issue. ↗
It's true that humanity has seen a succession of crises, wars and atrocities, but this negative side is offset by advances in technology and cultural exchanges. ↗
The first of all commodities to be exchanged is labour, and the freedom of man consists only in the exercise of the right to determine for himself in what manner his labour shall be employed, and how he will dispose of its products. ↗
What people don't realize is that China papered over its last two credit bubbles, those in 1999 and 2004. The banks were never bailed out - they just exchanged their bad loans for questionable bonds from quasi-state organizations. ↗
When a population saves a lot, the funds are invested outside the country as well as inside. If the Japanese invest in the United States, it pushes their exchange rate down and makes their manufacturing more competitive. ↗
