Author Topic: Sign of the Times  (Read 3409 times)

Offline Steve Pyro

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Sign of the Times
« on: February 13, 2009, 08:00:30 pm »
How true is this?

In this current economic climate, here's a very apt, famous quote -

"Owners of capital will stimulate the working class to buy more and more expensive goods, houses and technology, pushing them to take more and more expensive credit, until their debt becomes unbearable.
The unpaid debt will lead to bankruptcy of banks, which will have to be nationalised and the State will have to take the road which will eventually lead to Communism."

Who said it and when? - click here -
Steve East Anglian cobras


Offline Leftie

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Re: Sign of the Times
« Reply #1 on: February 13, 2009, 08:36:31 pm »
Not sure who said it (probable Carl Marx though), but the quote is untrue.
At my age, it takes me all night to do what I used to do all night!!!!!!!!!!!
Then, growing old is compulsary, but growing up is just optional.

I don't do GREEN, I've got a 4x4

Offline nopanic - neil

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Re: Sign of the Times
« Reply #2 on: February 13, 2009, 08:39:57 pm »
No.  I'm sure it was Groucho Marx

If you're going through hell, keep going.

Offline F-Troop Mom

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Re: Sign of the Times
« Reply #3 on: February 13, 2009, 08:43:09 pm »
Cool, I guessed right.

Offline redstu

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Re: Sign of the Times
« Reply #4 on: February 14, 2009, 07:01:17 pm »
Almost correct, the credit was too cheap and available to all without regard for continuing ability to pay.