{"id":46417,"date":"2019-05-27T06:33:40","date_gmt":"2019-05-27T11:33:40","guid":{"rendered":"https:\/\/olduvai.ca\/?p=46417"},"modified":"2019-05-27T06:33:44","modified_gmt":"2019-05-27T11:33:44","slug":"trust-is-on-trial-in-europe-and-the-world","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=46417","title":{"rendered":"Trust is On Trial in Europe and the World"},"content":{"rendered":"\n

Trust is On Trial in Europe and the World<\/a><\/h3>\n\n\n\n
\"\"\/<\/figure>\n\n\n\n

\u201cIt seems that if there was any truth to our language, \u2018trust\u2019 would be a four-letter word.\u201d<\/strong><\/p>

Joel \u2013 \u201cRisky Business\u201d<\/strong><\/p><\/blockquote>\n\n\n\n

Trust is the most important aspect of human endeavor. Without trust there can be no interaction. No communication.<\/p>\n\n\n\n

No friendship. No love.<\/p>\n\n\n\n

No Commerce.<\/p>\n\n\n\n

The key to understanding economics is understanding people. The basis for all human interaction is the basic trust that a trade once completed will be honored.<\/p>\n\n\n\n

The global economy runs solely on trust. Without the trust that contracts signed today can be fulfilled tomorrow and disputes settled with a reasonable degree of amity, there can be no iPhones.<\/p>\n\n\n\n

No Amazon.<\/p>\n\n\n\n

No oil.<\/p>\n\n\n\n

When politics become toxic, when the sides refuse to cooperate on the very basic functions of government, uncertainty reigns. And uncertainty filters down to the people getting up everyday, going to work and providing a home for themselves and their families.<\/p>\n\n\n\n

It\u2019s like that great scene in the classic movie \u201cTrading Places\u201d where Eddie Murphy talks about the guy who\u2019s worried he won\u2019t be able to buy his kid that \u201cG.I. Joe with the Kung Fu Grip\u201d for Christmas.<\/p>\n\n\n\n

That guy was the barometer for the market. That guy knew something about trust.<\/p>\n\n\n\n

I had one of those G.I. Joe\u2019s as a kid. My dad rarely let me down in supplying the most important things on my Christmas list.<\/p>\n\n\n\n

It\u2019s part of the reason why I loved him and trusted him completely. He was very human, but he kept his promises and I always knew where the boundaries were.<\/p>\n\n\n\n

He and mom did what they could without making promises they couldn\u2019t keep.<\/p>\n\n\n\n

That example, despite the heartbreaks and the setbacks, shaped my approach to being a husband and a father. I don\u2019t make promises to my daughter or my wife I can\u2019t keep.<\/p>\n\n\n\n

 \u2026click on the above link to read the rest of the article\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"

Trust is On Trial in Europe and the World \u201cIt seems that if there was any truth to our language, \u2018trust\u2019 would be a four-letter word.\u201d Joel \u2013 \u201cRisky Business\u201d Trust is the most important aspect of human endeavor. Without trust there can be no interaction. No communication. No friendship. No love. No Commerce. The […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,6],"tags":[281,366,21273,16963,815],"class_list":["post-46417","post","type-post","status-publish","format-standard","hentry","category-economics","category-liberty","tag-europe","tag-global-economy","tag-gold-goats-and-guns","tag-tom-luongo","tag-trust"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/46417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=46417"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/46417\/revisions"}],"predecessor-version":[{"id":46418,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/46417\/revisions\/46418"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=46417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=46417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=46417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}