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Blog archive from the golden age of London libertarianism
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Government (and government subsidized entities) financing “private” investment – the insanity is feeding upon itself.
And it is not just the E.U.
For example, in Switzerland it may soon be illegal for a private individual to invest money (directly) with a hedge fund.
The Swiss chapter of the international elite has noted the insanity in the United States and the E.U. (which is why a lot of, non subsidized, parts of the financial industry were moving to Switzerland) and has decided to COPY this insanity – indeed to go further (if it can).
We can argue all day about whether the international establishment elite (which controls the education system, the media, national government, Central Banks….) is DELIBERALTY trying to destroy Western Civilization.
It does not matter if it deliberate (perhaps it is all an honest mistake) – what matters is that their actions have the EFFECT of undemining civil society (of undermining the West).
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