No thing wrong with US, its within us. Message List
Thanks Saadiah! Its all bull eye punches you gave …
3 key phrase I like, world’s largest debtor, unless one workds hard and America defines what is … everything
US is the land of immigrants, the first being Spanish, the second British followed by the rest of Euro. These clever energatic people in turn the import cheap labourer, infact US was built by the slaves, mostly black and sepet.
According to the early version of economy, ideas on ‘survival of the fittest’ by Darwin, adopted by Karl Marx and later Adam, were the foundation of economic building block. Being a Big Banger, I have to accept Theory of Evolution (Booo!
… Kimi, wait a light-year!) to a certain extend. Modern economy were largely based on the classical .. of course and off course.
Kimi’s point on ‘economy based on Islamic jurisprudence’ is definately the right answer, but the problem we only have Muslim jurisprudence at this moment, at least to me, because the emphasis is on greening the leaves, rather than the
roots of the problem. Sorry to say that! I love Islam but I hate the current Muslim interpretion on Islam, especially in economy. We commented only on sukuk and the equivalent (the distribution and usage of wealth) but on the creation
of wealth (thus the creation of store of wealth – money) we do nothing.
I slauted Dr MM trial on reviving Dinar Emas, but still I don’t think its satisfy modern economy. Money is a symbol of hope. It has values only if we put hope and trust on it. Since everybody trust USD as the reserve, then no matter
what happen fundumentally, USD still stand. When more Arab with oil hopes USD can be the means to store value of their asset, the Fed is more than willing to print more. Its us, as Moslem and the Arab (being mostly Muslim, sorry to say)
let US to define everythings. Sukuk is only painting green a grey bond!
Do worry about being confus. I took Russian language for my degree, because Bresnev to me to do so (in my dream those day) so I can be the leautanent in Msia … kah kah kah. Then I realise I was born a Muslim (taklid) and I have to
revert back to being true Muslim, so I learn Arabic by myself.