Discussion in 'Economy' started by Weatherman2020, Jan 25, 2019.
Did you forget your own title dumbshit? I've done nothing but discuss it so report away moron!
It's not forced, its inevitable.
Doesn't help when all yer eggs are in one basket economically speaking and Venzuela oil production fell sharply when oil prices fell sharply during Oblama and they still hover at a low price compared to earlier years.
Oklahoma was severely affected by it thus causing it's revenue to fall sharply causing Oklahoma to sell off public land, parks and passing legislation forcing every square inch of Okiehoma to be drilled and no town could say "no".
Well it wouldn't be the first time humans had a social revolution.
Why would Bill Gates care who else has wealth? Your statement is illogical.
If you had any large amounts you would know why..Money does more than make yer wallet big...
China, Vietnam, and Cambodia are moving to Capitalism. The Baltic States however, are not yet? The things one can learn here on USMB.
You answered my question with a question. I work with and know many very wealthy people. They could not care less if others are equally wealthy. I think you're making stuff up.
The great depression was due to government controls.
They imposed the Smoot-Hawley tariff, where import and export markets were decimated, causing systemic problems throughout the rest of the economy.
I'll give you one simple, but clear example.
The Pittsburgh steel industry was wiped out. So lets ask the question why. The answer is rather simple. US tariffs on imported iron ore, make the cost of raw material go up. Meanwhile Canada imposed tariffs on steel from the US, which resulted in demand in the US market for steel to go down. This lowered the price of steel.
So I would assume it doesn't take a Harvard economist, or a video from Milton Friedman, to figure out that if the cost of raw materials goes up, and the value of the produced steel goes down, that the steel company is going to be in trouble.
The great depression was not an example of the failure of capitalism. It was the natural result of bad taxation and anti-market policies.
The main people I run into who think others deserve to be poor, are either left-wingers who have an entitlement complex, or right-wingers who see people who don't work.
Only one of those two views, are immoral.
Separate names with a comma.