“You may be thinking that what happened in places like Nazi Germany, the Soviet Union, Mao’s China, Pol Pot’s Cambodia and scores of other countries in recent history could not, for some reason, happen in the US. Actually, there’s no reason it won’t at this point. All the institutions that made America exceptional – including a belief in capitalism, individualism, self-reliance and the restraints of the Constitution – are now only historical artifacts.”
WOW, this is not a political website – ZeroHedge is as close to purely about economics and markets as you are likely to find… so does that mean that the spectre of American Totalitarianism has gone mainstream?
Read the whole article.