あけましておめでとうございます！
Most esteemed Readers,
We here at Togakure School pray that you will have a happy, successful, and prosperous 2009.
And, for your holiday viewing, I would like to present a Bloomberg interview with Mr. Niall Ferguson, courtesy of Dollarcollapse.com.
Please pay close attention to the 11:00 minute mark. Mr. Ferguson discusses Bond Markets and how they lead to the rise and fall of empires.
The Debt Market is where the action is. When the Bond Markets go bust, the American Empire will go down with it.
But in any event, please take a look when you have time. It is worth watching.
Finally,
Thank you for visiting Togakure School... and we hope that you will continue to check back with us in the New Year.
今年もよろしくお願いいたします！
Toku and family.
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5 comments:
Happy New Year, Toku.
Happy New Year. Are you going to celebrate the Lunar New Year of the Cow in February or whenever it is this year?
Interesting video -- but be careful. This guy Niall is an apologist for the established power brokers and king makers. Kissinger cooperated with him to produce a biography of Kissinger that supposedly showed all K's dirt -- and in fact had a lot of whitewash.
He might be telling the truth right now ... but watch that guy.
23:48
"The idea that everyone should own his own home starts in the 1930s"
FALSE.
The idea that everyone should own his own home starts before 1776, with a guy called Thomas Jefferson who wanted a nation of agrarian small land-owners.
TBA,
Same to you!
SellCiv,
Agreed. Unfortunately, one has to pick out the truths from the falsehoods...
It's kinda crazy how one has to have their intellectual shields up at all times these days...
As for us, we celebrate American New Year and the Japanese Oshogatsu holiday, which runs for three days starting January 1, this year being the Year of the Ox.
The Koreans and the Chinese still use their traditional lunar calendar... the Japanese are more solar in orientation, probably due to the influence of Shinto and Buddhism.
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