hmmm, whats wrong with capitalism? when the banks have all the power, and they get too greedy, you end up with the infamous 'wall street crash', then when you haven't learnt from the first time, you lend money to people who can't pay it back, and end up with the recent recession. sounds flawless in my opinion.
dont you think its kinda weird that the US economy was in the same situation not too long ago and were forced to take a huge loan to prevent it from collapsing ?
if ur arguing that socialsm doesnt work , fair enough, many socialst countries have had financial troubles but so has the US so i dont think you can really say that its socialsm thats the problem here, its more likely corrupt politicians that cause this
@noldorian86 No, it was socialism. Government interference on behalf of Fannie Mae and Freddie Mac and the politicians that wanted and did force banks to make loans to people that couldn't afford them.
Socialism goes wrong with the very first step, when it builds everything upon stealing. Build anything on that kind of foundation and you can expect to sink.
hmmm, whats wrong with capitalism? when the banks have all the power, and they get too greedy, you end up with the infamous 'wall street crash', then when you haven't learnt from the first time, you lend money to people who can't pay it back, and end up with the recent recession. sounds flawless in my opinion.
ogdensnutgoneflake9 9 months ago
Wow 49 views!!!
All the things you are saying in this vid we got in Denmark and we are the country in the West who came best through financial crisis.
We might have high taxes and the biggest public sector in the western world but we are doing great so all your comments in the vid is BULLSHIT!!
Why should all 49 people believe you when you so clearly is wrong?!
chelseacfc100 1 year ago
@chelseacfc100 We arent doing good at all you bullshitting dickcheese.
we are doing horrible, so stfu if you dont know what you are talking about.
MyAccountman 1 year ago
@MyAccountman We are in northern europe
chelseacfc100 1 year ago
Great microphone!
deelean 1 year ago
Couldn't agree more. :-)
nanabx2 1 year ago
dont you think its kinda weird that the US economy was in the same situation not too long ago and were forced to take a huge loan to prevent it from collapsing ?
if ur arguing that socialsm doesnt work , fair enough, many socialst countries have had financial troubles but so has the US so i dont think you can really say that its socialsm thats the problem here, its more likely corrupt politicians that cause this
noldorian86 1 year ago
@noldorian86 No, it was socialism. Government interference on behalf of Fannie Mae and Freddie Mac and the politicians that wanted and did force banks to make loans to people that couldn't afford them.
dieseledge 1 year ago
Socialism goes wrong with the very first step, when it builds everything upon stealing. Build anything on that kind of foundation and you can expect to sink.
mkpdavies 1 year ago
@mkpdavies HEAR,HEAR!!!!
Federalist306 1 year ago