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Confidence |
“Bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria.”, John Templeton
Subscriber Comments
Confidence in government is the cornerstone of the institutions that sustain it. The trust and belief that citizens place in their government provide the bedrock upon which civilization thrives. Institutions and currencies they use crumble when confidence in government wanes or fails altogether. The end result is always chaos, and social unrest.
Governments derive their authority from the consent of the governed. Consent is steeped in the confidence that the government will act in the best interest of its citizen. Confidence in government is not merely a desirable quality; it is the essential foundation upon which order, progress, and harmonious governance are built.
This is an important review, a short discussion of topics discussed in detail in the Economy & Stock Report, why compliance is beginning to wane as standard of livings fall.
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