Even in a situation like this, where everything seems to collapse, we must continue to believe that:
- The market system is the right one;
- Which is only a cyclical crisis;
- The nationalization of banks and industries are not a prelude to a return to more socialist conception of the economy;
- That both theories opprobrium of State enterprises and nationalization are still to be discarded;
- That there will be a recovery in consumption;
- That there is still an adjustment for merit of the market.
I believe that in addition to our television and popular talk show, there is also a debate up there with a large table where the one side there will be Adam Smith and the other Carl Marx, but at the same table there will be lots of foreign Mitterand, Willi Brandt , not to mention Churchill and many others.
We must really hope that we do get some good advice and the full text of their decisions.
H. M. -International Productions Site of Montagnola
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