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Re: Trump Capitalism? [Re: yotetrapper30] #8609428
5 hours ago
5 hours ago
Joined: Feb 2011
alberta
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spjones Offline
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spjones  Offline
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Joined: Feb 2011
alberta
Everyone and anyone can participate in the capital markets/capitalism,,,, nothing holding anyone back

Nothing has lifted more people out of poverty than capitalism/capital markets

Everyone has benefited from it

Full stop!!!


What OB is missing,,,,,,is GOVERNMENT DEBT

Government debt(bail outs, stimulus, etc) is at all time highs across much of the world

Eventually it will crash every thing down,,,,,

Re: Trump Capitalism? [Re: yotetrapper30] #8609474
2 hours ago
2 hours ago
Joined: May 2011
Oakland, MS
yotetrapper30 Offline OP
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yotetrapper30  Offline OP
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Joined: May 2011
Oakland, MS
But.... but... but..... the stock market is at all time highs so bailouts must be good.........

There's gonna be a lot of people in a world of hurt when this house of cards comes tumbling down. Admittedly, probably myself as well, but at least I can see the risk and won't be blindsided when it comes.


Gotta find a way, a better way, I'd better wait

Just because you're paranoid doesn't mean they're not after you
Re: Trump Capitalism? [Re: yotetrapper30] #8609476
2 hours ago
2 hours ago
Joined: Jan 2018
MN
D
Donnersurvivor Offline
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Donnersurvivor  Offline
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Joined: Jan 2018
MN
I agree spjones but I would add taxation to something holding people back but that goes hand in hand with debt. People have no idea how much they pay in taxes as most of them are "hidden", sales tax, payroll tax, property tax affecting their rent, etc


Chief of staff @ Mensa Tree division/vison officer
Re: Trump Capitalism? [Re: Donnersurvivor] #8609477
2 hours ago
2 hours ago
Joined: Nov 2012
midland, michigan
M
midlander Offline
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midlander  Offline
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Joined: Nov 2012
midland, michigan
Originally Posted by Donnersurvivor
Originally Posted by OhioBoy
Stock market is all time high. Unemployment is an close to an all time low. You still seem to be wanting to talk theory when we have actual data and Im not sure I understand why.


The market is not the only measure of a healthy economy.

You have married 30 year Olds working full time jobs and they can't afford a house, they're putting off having kids, they worry about an accident or disease bankrupting them with medical debt but all they hear is "economy is great, look at the market!" Coming from a legion of boomers who grew up during the most prosperous economic time in world history


Let me correct you...you have 30 year olds that buy $8 coffees on their way to work, get home and turn on their $150 a month cable TV, go out to eat 3 times a week, go to the movies or honkey tonk every weekend, drive $700+ a month brand new status symbol vehicles, pay someone else $80 to change there oil because they dont know how or are too lazy......the list goes on. Young folk cant afford housing because they are pee poor with their finances and cant decipher between wants and needs.... rant over

Re: Trump Capitalism? [Re: yotetrapper30] #8609489
1 hour ago
1 hour ago
Joined: Dec 2006
Coldspring Texas
Savell Online crying
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Savell  Online Crying
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Joined: Dec 2006
Coldspring Texas
…. I got the sarcasm Ohio Boy


Insert profound nonsense here
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