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Subject: Re: [gsc] Ianasa ("um") Newsgroups: gmane.comp.finance.gold-silver-crypto Date: 2008-07-04 15:24:06 GMT (14 weeks, 3 days, 2 hours and 39 minutes ago) Expires: This article expires on 2008-07-18 On Sat, Jul 5, 2008 at 12:03 AM, R.A. Hettinga <rah@...> wrote: > To take this further out in the weeds, one wonders who the Princes of > Lichtenstein, Monoco, etc., are loyal subjects of, these days... An excellent question RAH! I guess (refer: http://www.btinternet.com/~allan_raymond/Liechtenstein_Royal_Family.htm) the principality, having been subject to the Holy Roman Empire, being a minor, independent (ie. self-governing) principality, the title of prince is a formality amongst the all-interrelated royals of Europe and not to be promoted beyond whatever the (rather formal and tradition-bound) 'relatives' allow. Maybe one would need to trace the family tree of the current Prince to the closest "king" to find someone to whom they might feel subordinate, although this does not necessarily impinge on the daily governance of the state. The reality, I expect is that the ruler, thinking again of Prince Leonard (and applying generally), is subject to *expediency*. It is not expedient to undermine Australian border security (in people or in quarantine control), or to become what "Australia" might consider a money laundering or smuggling (ie. free trade) zone, or to become a tax haven or to otherwise export goods or services of which the surrounding government of Australia disapproves. How to govern one's state? That question may be restated as "How to be a good neighbour?" Self-determination where the effects are self-contained in one's state. A "market-taker" in matters of international concern. Indeed, that seems to be the way of standardisation of laws and policies in mainstream states everywhere! PS: "Market taker" being used like how in economics, a producer has no power to set prices, but has to accept whichever price the market itself sets. |
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