Subject: Re: Buffett’s view on current account deficits
This board continues to be informative though it’s understandably not much about BRK recently.

Jim’s VAT discussion is a great example of how most of the “problems” and “goals” that have surfaced have well known solutions that are not about destroying everything immediately (a silly valley idiocy presented as brilliance).

If surgeons prove incompetent they are subject to financial penalties and possible ejection from their profession. Why should powerful government officials be any different? Cause huge financial damage, pay the price. Indirectly cause illness or loss of life, pay the price. Professional malpractice by government officials is not currently a concept in the justice system. An appeal to vote them out is not justice.

I can’t understand how people interested in Buffet-Munger thinking can be interested in Trump who is pretty much the opposite.

Shaun