QUESTION: Mr. Armstrong; I said that the emerging markets are a huge problem that will lead to a Sovereign Debt Default. Can you elaborate on that statement?
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Hardly anyone talks of the table of virtues and vices anymore — which includes the Seven Deadly Sins — but in reviewing them, we find that they nicely sum up the foundation of bourgeois ethics, and provide a solid moral critique of the modern state.……….we do need to observe that vices and virtues — and our conception of what constitutes proper behavior and culture generally — have a strong bearing on the rise and decline of freedom.
QUESTION: Mr. Armstrong; I said that the emerging markets are a huge problem that will lead to a Sovereign Debt Default. Can you elaborate on that statement?
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