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Posted

[View:http://www.youtube.com/watch?v=UYtbEJfQtDI]

General data Index;

0 - Employment numbers
1 - Graphs
2 - Jobs
3 - Middle class wealth
A - Reduced standard of living, income and savings
B - Consumer Debt/Debt
C - Class polarization
4 - Poverty rate
5 - General Economy and Inflation
6 - Government Finances
7 - Expert Predictions
8 - Signs of accelerating collapse
9 - Historical similarities
10 - Cost of regulations
11 - Miscellaneous
12 - Public Vs Private


0 - Employment numbers

Posted

If the government can simply move the goal posts and repudiate bad debts by printing money, couldn't that prop up the system indefinitely? It's like playing a game of Monopoly where the banker can make up the rules at will and all of the players are chained to the board and have guns to their heads. That system could slog along for a long time...

Posted

 

If the government can simply move the goal posts and repudiate bad debts by printing money, couldn't that prop up the system indefinitely? It's like playing a game of Monopoly where the banker can make up the rules at will and all of the players are chained to the board and have guns to their heads. That system could slog along for a long time...

 

There's also the increase in productivity that will be generated by new technology as well. A new internet for example. 

Posted

 

 

If the government can simply move the goal posts and repudiate bad debts by printing money, couldn't that prop up the system indefinitely? It's like playing a game of Monopoly where the banker can make up the rules at will and all of the players are chained to the board and have guns to their heads. That system could slog along for a long time...

 

There's also the increase in productivity that will be generated by new technology as well. A new internet for example. 

 

Regardless of whether or not governments can manipulate the system, they do not seem interested in prosperity.

Posted

OMG, I can't wait for your video on Scandinavia. Out of all the argument out there, that one deserves to be debunked the most.

Question though - Are you going to debunk every aspect of Scandinavia that others applaud, or just the economics of that area?

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