Wednesday, November 16, 2011
Are Markets Running Countries?
It sure seems so with the economic problems around the world. Politicians are scrambling to make sure that the speculators and bond purchasers are happy with their progress. In Italy, it appears that the markets have forced a change in the government and in Greece, the entire country is affected by the economic situation. I have read several science fiction books where mega-corporations have replaced countries as the ruling powers. Now it seems that reality is imitating art with the exception that the ownership is not so obvious. The major influence for politicians is money and the corporations have the influence.