There is no shortage of people willing to snipe at this man and make ad hominem attacks, yet he offers a very cogent argument and illustrates the points he's trying to make by citing history, so I'd be more inclined to lend him credence than I would his detractors. Also, I've heard people all my life tell me that "such and such can't happen the the US", and they were dead wrong. Hubris will not protect us from ourselves.
Of course its a weakness, its much better to be an investor earning interest than it is to be paying the interest on investments made in your venture. In our case most of the money invested is squandered and not actually used in a way that benefits our economy. Such as updating infrastructure, which has not been done in quite sometime.
There is no shortage of people willing to snipe at this man and make ad hominem attacks, yet he offers a very cogent argument and illustrates the points he's trying to make by citing history, so I'd be more inclined to lend him credence than I would his detractors. Also, I've heard people all my life tell me that "such and such can't happen the the US", and they were dead wrong. Hubris will not protect us from ourselves.
chokkan7 8 months ago
this guy is an idiot. making up nonsense connections to strengthen his career
oihhow 1 year ago
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Of course its a weakness, its much better to be an investor earning interest than it is to be paying the interest on investments made in your venture. In our case most of the money invested is squandered and not actually used in a way that benefits our economy. Such as updating infrastructure, which has not been done in quite sometime.
GaiusIuliusTaberna 1 year ago
He is wrong. America's ability to suck investment in like a vortex is a reflection of its power not its weakness.
JP2times2007 2 years ago
Comment removed
GaiusIuliusTaberna 2 years ago
what a twat!
smurf238 2 years ago