News commentary and predictions of political trends and what the future holds

Faith vs Confidence

February 14, 2009

…it is not so much an economic crisis but a crisis of confidence in the frightening mathematics. Financial instruments and currency are a form of instant contract – they assume faith – but the gambler, the criminal, the banker – they lose the concept of money as value as they are no longer participating in the “being a part of responsible humanity” model.

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