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there is just too much money, for too few rich people and so billions upon billions of dollars end up stashed away to never be injected back into the economy again.
Originally posted by PuterMan
reply to post by Merinda
there is just too much money, for too few rich people and so billions upon billions of dollars end up stashed away to never be injected back into the economy again.
I agree with what you are saying but I am not sure that this statement is correct. It is my impression rightly or wrongly that most of the 'wealth' owned by the 'filthy rich' is in fact paper wealth - stocks and shares and paper gold, titles to things that could not be 'possessed' if you wish to - islands etc for example - if you understand what I mean.
When the system falls they will still be wealthy, but only in terms of the yachts, cars and estates and maybe physical gold etc but much of the 'waelth' will be gone.
In the sense that it is/was in stocks and shares it is/was still in the economy.
Originally posted by AudioOne
Here I was having actually lived it, and I can say without a doubt, 100% there is nothing in America that even closely resembles Communism. Not even close, .. people would rebel if we even went 1/100 of that direction. However, just a touch of socialism which is working fine in Denmark and Germany... Well, we need someone to keep up highways, have a national vs state military, and be able to provide help in disasters.
Originally posted by oper8zhin
Originally posted by AudioOne
Here I was having actually lived it, and I can say without a doubt, 100% there is nothing in America that even closely resembles Communism. Not even close, .. people would rebel if we even went 1/100 of that direction. However, just a touch of socialism which is working fine in Denmark and Germany... Well, we need someone to keep up highways, have a national vs state military, and be able to provide help in disasters.
WELL, WELL, WELL, here is someone WHO KNOWS the REAL meaning of COMMUNISM and VERIFIES that America is NOT what the Right wingers claim it to be!!!
Here you go Righties, what SAY YOU???
Communism isnt ruining America. Capitalism is choking on its own success.
WELL, WELL, WELL, here is someone WHO KNOWS the REAL meaning of COMMUNISM and VERIFIES that America is NOT what the Right wingers claim it to be!!!
Here you go Righties, what SAY YOU???
It's certainly having a negative effect on ones spelling