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PROTECT & SURVIVE's avatar

Excellent Meyrick, thank you, I was questioning the efficacy of the whole system which of course is rooted in confidence when I read this yesterday:

https://wallstreetonparade.com/2023/04/a-growing-lack-of-confidence-in-the-fed-is-spilling-over-into-a-lack-of-confidence-in-u-s-banks/

You make a good point about lawyers. IMHO they are the bane of our lives; parasites on the body politic. Tony Blair is a lawyer and took us to war on a lie but got a gong for it. Starmer is a lawyer and spent years at the peak of his profession in high office, yet achieved nothing.

Parliament has too many lawyers; At the 2015 general election, according to an analysis by BPP University, a private law school, 119 of 650 MPs were lawyers and it's grown since.

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Meyrick Chapman's avatar

Even lawyers can get in over their skis. The 'mission creep' of central banks has been astounding - and deeply alarming.

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PROTECT & SURVIVE's avatar

Yes it is an inevitable tendency for most mega-corps I guess. Charles Hugh Smith explains the process rather well IMHO: http://charleshughsmith.blogspot.com/2022/05/what-happens-when-complexity-unravels.html

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Meyrick Chapman's avatar

Thanks for the link.

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