BrainKing - Discussion boards (Politics)

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5. December 2011, 16:57:37

Übergeek 바둑이

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Subject: Re: Instead of prosperity, socialism has brought economic paralysis and/or collapse to every country that tried it.

Artful Dodger:

> And Europe is going broke. You can only give away so much money before you saturate the system. ... And the USA is heading that way fast.

I think the difference is that in some countries the government gives away the money to bankers, troubled giant corporations and the military industrial complex. The question is, what causes more problems? Giving money away through social programs? Or giving money away to the rich and powerful? As of last week, bankers have received bailouts twice! The only reason why the financial markets recovered last week is because in essence central bankers gave banks a second round of bailouts. The third is the charm I suppose. Next time they will be begging communist China to bailout the capitalist system!