SUBSIM Radio Room Forums - View Single Post

JU_88 · 04-08-12, 07:57 AM

Same in the uk, welfare is simply money, so it can be spent on anything, no matter anyway, if we have this financial collapses that is supposedly coming, that will spell the end of the welfare state in most developed countries I expect.
We got unsustainable ponzi capitalsim (Banks lending money they created out of thin air) fueling these unsustainable socialist government scemes. Its a bad system and its not going work for much longer, since we cant print our way out of all this debt.
Germany tried this in the 1930s. didnt work out too well for them did it?
The sad part is, after 2008 we actually had a chance to start putting things right and we blew it, we bailed out the trouble makers and just carried on with business as usual.... a terrible mistake for which we have not yet seen the consequences.

If we actually had responsible capitalism in place, we would not be in this mess.

04-08-12, 07:57 AM	#5
JU_88 Silent Hunter Join Date: Jan 2006 Location: UK Posts: 3,809 Downloads: 11 Uploads: 0	Same in the uk, welfare is simply money, so it can be spent on anything, no matter anyway, if we have this financial collapses that is supposedly coming, that will spell the end of the welfare state in most developed countries I expect. We got unsustainable ponzi capitalsim (Banks lending money they created out of thin air) fueling these unsustainable socialist government scemes. Its a bad system and its not going work for much longer, since we cant print our way out of all this debt. Germany tried this in the 1930s. didnt work out too well for them did it? The sad part is, after 2008 we actually had a chance to start putting things right and we blew it, we bailed out the trouble makers and just carried on with business as usual.... a terrible mistake for which we have not yet seen the consequences. If we actually had responsible capitalism in place, we would not be in this mess. Last edited by JU_88; 04-08-12 at 08:22 AM.