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jonnycsdParticipant
The only problem with this outcome is that we should have sold them $2 trillion worth.
jonnycsdParticipantThe only problem with this outcome is that we should have sold them $2 trillion worth.
jonnycsdParticipantThe only problem with this outcome is that we should have sold them $2 trillion worth.
jonnycsdParticipantThe only problem with this outcome is that we should have sold them $2 trillion worth.
jonnycsdParticipantThe only problem with this outcome is that we should have sold them $2 trillion worth.
jonnycsdParticipantBubba99 says:
more regulation is put in to detour the very greedy from taking everything
Perhaps true to some extent, however regulation better serves the purpose of maintaining the status quo, which benefits the incumbent wealthy while providing barriers to aspiring up and commers. This is certainly the way regulation is used in Brazil and other Latin American nations.
In my opinion, it is better to have a dynamic system, where those who are good stewards of the nations wealth get more to manage, and those who are lazy or irresponsible stewards of wealth are stripped of it by market force.
By the way, exactly what “new creative financial products” would you like to see expunged?
jonnycsdParticipantBubba99 says:
more regulation is put in to detour the very greedy from taking everything
Perhaps true to some extent, however regulation better serves the purpose of maintaining the status quo, which benefits the incumbent wealthy while providing barriers to aspiring up and commers. This is certainly the way regulation is used in Brazil and other Latin American nations.
In my opinion, it is better to have a dynamic system, where those who are good stewards of the nations wealth get more to manage, and those who are lazy or irresponsible stewards of wealth are stripped of it by market force.
By the way, exactly what “new creative financial products” would you like to see expunged?
jonnycsdParticipantBubba99 says:
more regulation is put in to detour the very greedy from taking everything
Perhaps true to some extent, however regulation better serves the purpose of maintaining the status quo, which benefits the incumbent wealthy while providing barriers to aspiring up and commers. This is certainly the way regulation is used in Brazil and other Latin American nations.
In my opinion, it is better to have a dynamic system, where those who are good stewards of the nations wealth get more to manage, and those who are lazy or irresponsible stewards of wealth are stripped of it by market force.
By the way, exactly what “new creative financial products” would you like to see expunged?
jonnycsdParticipantBubba99 says:
more regulation is put in to detour the very greedy from taking everything
Perhaps true to some extent, however regulation better serves the purpose of maintaining the status quo, which benefits the incumbent wealthy while providing barriers to aspiring up and commers. This is certainly the way regulation is used in Brazil and other Latin American nations.
In my opinion, it is better to have a dynamic system, where those who are good stewards of the nations wealth get more to manage, and those who are lazy or irresponsible stewards of wealth are stripped of it by market force.
By the way, exactly what “new creative financial products” would you like to see expunged?
jonnycsdParticipantBubba99 says:
more regulation is put in to detour the very greedy from taking everything
Perhaps true to some extent, however regulation better serves the purpose of maintaining the status quo, which benefits the incumbent wealthy while providing barriers to aspiring up and commers. This is certainly the way regulation is used in Brazil and other Latin American nations.
In my opinion, it is better to have a dynamic system, where those who are good stewards of the nations wealth get more to manage, and those who are lazy or irresponsible stewards of wealth are stripped of it by market force.
By the way, exactly what “new creative financial products” would you like to see expunged?
jonnycsdParticipantThe underlying trends that the OP calls out are there, but I do not agree with the implication that it is a planned conspiracy. Extrapolate US demographic trends about 30 years and the USA will look like Brazil. Vast underclasses of uneducated poor, a small middle class that manages things, and a ruling elite that stays in power through generations, with the occasional “union” candidate who “shakes things up” before being co-opted into the system. When politics is about many different groups competing for a bigger slice of the pie rather than governing the nation that is what will happen (clientelismo is what its called in Latin America). The only way to stop it is to discontinue the Federal Government’s role as a redistributor of wealth – end transfer payments.
jonnycsdParticipantThe underlying trends that the OP calls out are there, but I do not agree with the implication that it is a planned conspiracy. Extrapolate US demographic trends about 30 years and the USA will look like Brazil. Vast underclasses of uneducated poor, a small middle class that manages things, and a ruling elite that stays in power through generations, with the occasional “union” candidate who “shakes things up” before being co-opted into the system. When politics is about many different groups competing for a bigger slice of the pie rather than governing the nation that is what will happen (clientelismo is what its called in Latin America). The only way to stop it is to discontinue the Federal Government’s role as a redistributor of wealth – end transfer payments.
jonnycsdParticipantThe underlying trends that the OP calls out are there, but I do not agree with the implication that it is a planned conspiracy. Extrapolate US demographic trends about 30 years and the USA will look like Brazil. Vast underclasses of uneducated poor, a small middle class that manages things, and a ruling elite that stays in power through generations, with the occasional “union” candidate who “shakes things up” before being co-opted into the system. When politics is about many different groups competing for a bigger slice of the pie rather than governing the nation that is what will happen (clientelismo is what its called in Latin America). The only way to stop it is to discontinue the Federal Government’s role as a redistributor of wealth – end transfer payments.
jonnycsdParticipantThe underlying trends that the OP calls out are there, but I do not agree with the implication that it is a planned conspiracy. Extrapolate US demographic trends about 30 years and the USA will look like Brazil. Vast underclasses of uneducated poor, a small middle class that manages things, and a ruling elite that stays in power through generations, with the occasional “union” candidate who “shakes things up” before being co-opted into the system. When politics is about many different groups competing for a bigger slice of the pie rather than governing the nation that is what will happen (clientelismo is what its called in Latin America). The only way to stop it is to discontinue the Federal Government’s role as a redistributor of wealth – end transfer payments.
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