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I reckon. (we study this guy at uni). And its us at the bottom who have to pay. >:( his concept of a zero profit economy is a nice dream though.
Irrational? How about galling, insensitive, callous, mean spirited, etc.
The rich are no longer content to make money the honest way. What we're seeing now is the massive transfer of tax payer dollars from the working classes to the rich.