Saudi prince, Alwaleed Bin Talal is suing Forbes magazine because in their list of the world's billionaires, his fortune of $20 billion was underestimated by $9.6 billion, according to the prince. Consequently, he should be a few rungs higher on the rich list. How arrogant can they get?
Seems Marx must have been wrong with his crisis theory. In "What' Holding Developing Economies Down" by David Olive (Toronto Star, July 6, 2013) he quotes Ruchir Sharma, head of emerging markets at Morgan Stanley Investment Management, and author of "Breakout Nations", as saying, " Crisis gives birth to reform, which flowers into a boom, which matures into political complacency, which ages into a new crisis". Nothing to do with the capitalist system really
then! John Ayers.
Seems Marx must have been wrong with his crisis theory. In "What' Holding Developing Economies Down" by David Olive (Toronto Star, July 6, 2013) he quotes Ruchir Sharma, head of emerging markets at Morgan Stanley Investment Management, and author of "Breakout Nations", as saying, " Crisis gives birth to reform, which flowers into a boom, which matures into political complacency, which ages into a new crisis". Nothing to do with the capitalist system really
then! John Ayers.
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