QED

Our soft underbelly

“The training and values of the past have been replaced by a dependency philosophy of individuals, corporates and governments. The more we weaken the value system, the longer we throw inappropriate measures around in a crisis, the longer we delay genuine recovery. And the more we put at risk the strength of individual and industry initiative. We have been living beyond our means and there needs to be a correction, whether it’s popular or not, in order that appropriate values return. Not only asset values, but human values.”

Source: Herald Sun

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