capitalism

  • Started 16 years ago
  • Last post 5 days ago
  • 1,422 Responses
  • NBQ008

    Spanish Government Aims to Roll Out Basic Income ‘Soon’: https://www.bloomberg.com/news/a…

  • utopian11

    @ Deathboy & Hayoth....will both of you video yourself tearing up your commie, socialist, welfare checks from Uncle Sam and post them here on QBN, thanks.

    Coronavirus stimulus checks: 175 million Americans will start receiving funds this week or early next.

    https://money.yahoo.com/coronavi…

    • Of course you will NOT...
      You are both hypocritical, babyboomer, asinine, dotard fucksticks.
      utopian
    • washington is the new mosocow, since 2016 now it´s even more real.neverscared
    • moscow.neverscared
    • When is utopian cancelling his amazon prime account?hotroddy
    • Effective June 14, 2020
      Amazon Prime has been cancelled, thank you for your empathic concern and patriotism.
      utopian
    • Republican socialist handouts for Americans in need. Only socialist scum will accept it or need it.monospaced
    • Cmon deathboy. You gonna accept it? Please explain. No fewer than 12 notes is accepted you silly little cunt of a humanmonospaced
    • And when you’re done you’ll only show what a hypocrite you really are, and you’ll come off stupid as fuck at the same time. Don’t puss out bitch. BITCHmonospaced
  • ********
    3

    This argument that “we shouldn’t destroy the economy to save a few lives” is just not an accurate representation of reality. It could be debated on principle, but not with our current situation.

    First of all, we haven’t “destroyed the economy”. Markets are down and trillions in bailouts are being created, but we’ve barely entered a recession. It’s not that bad, it’s just that no one likes a downturn. But “destroyed”? Ha! Gross exaggeration.

    More importantly, a recession was predicted and expected long before we knew covid was coming, we just didn’t know what would trigger it. Economists pointed out that Trump was artificially propping the economy up without risk mitigation (interest rates). Trump likes to gamble. His business has done this for his entire career. You can’t now suddenly pretend that if it weren’t for Covid we would have had endless growth. But even if you DO pretend, you still can’t fairly argue that letting Covid rampage through the population would somehow happen without any negative effects on the economy.

    Again, it’s ok to debate this in principle, but not in practice.

    • Reasonable argument.grafician
    • You think trump has real effect on markets besides jawboning? You think 2008 was ever dealt with? and isn't just an effect of 2000 and 89 and so on.
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    • and what do you mean ok to debate in principle and not practice?
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    • And I'm not sure you understand the fake wealth this is destroying. Companies like tesla and netflix exist on cheap debt. 40% of public traded companies are
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    • zombies existing on cheap interest free flow capital from central banks. How many do they employ? If we are looking at 30% unemployment from this....
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    • well its going to change a lot. And if the gov decide to print its way out we will likely see inflation bigger than the 2008 bailout asset inflation
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    • and those kinds of stresses on people trying to survive... see what happens politically. Global debt reset and new accords of about leveraging power with petro
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    • or using IMF/pboc to force 3rd world countries to supply us while keeping them down through debt servicing and predatory loaning for politcal regimes
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  • NBQ001

  • jtb265

    Humanity is capable of better than centuries old economic theories that are dressed up versions of feudalism

    #yanggang

    • That's all very well, so tell us what a'better' economic theory looks like?Morning_star
    • Better could be Doughnut Economics:
      https://en.wikipedia…)
      Continuity
    • Seems pretty cool. However, the problem with a utopian model is that it is impossible to achieve and therefore unworkable.Morning_star
    • It's being adopted on a smaller level by the city of Amsterdam.Continuity
    • I guess, like communism, it can work in smaller communities. The problem with that is that it still requires a larger capitalist environment to survive.Morning_star
    • and it doesn't solve inequality, access to opportunity, upwards mobility, fairness of due process, justice, warmongering, cronyism, corruption, etc.zarkonite
  • shapesalad2

    WE are at the end of the global empire, like being at the end of the Roman empire... brace yourselves.

    • pfffft.gif
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    • Not sure I agree we will see such major changes as a result of what is happening right now. Over the long run yes there could be a shift towards low-cost livingyuekit
    • and localization, but I'm struggling to see why anyone would make those changes until they are absolutely forced to.yuekit
    • Unless of course there is an even worse crisis/meltdown coming this year which is always possible..yuekit
  • NBQ002

  • ********
    10

    • People are over anxious to get the next big return. So many have waited for a collapse to buy. The fear hasn't been felt enough yet.formed
    • There will be a new low once we begin to actually see the damage done.formed
    • the cockmarket is not the whackonomy.neverscared
  • grafician8

  • Ramanisky23

    • insane the profits being made by hedge funds atm. anyone that endorsing this system is scumkingsteven
    • https://www.marketwa…R_Kercz
    • Deathboy just busted a nut!utopian
    • https://i.imgur.com/…utopian
    • Hmm what happened in 1939
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    • Anyway, 16M is about double the number of people who lost their jobs during 2007 global financial collapse
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    • I mean Americans, not worldwide.
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    • hospitals in the US are laying off staff right now. also BioAnal? is BioAnal up?kingsteven
  • ********
    -4

    here you go utopian not that you will watch it. but im sure have some insult since all bark and no bite.

    some old school shit that has only proven itself correct over the last 40 years. also thought of this because my buddy mentioned so many companies struggling to hire while unemployment is up. IE Hamilton here. My theory is if you can get up to 600 a week, free mortgage, deferred utilities, and a stipend of 1200 why work? and curious if we might be going very big on serfdom now and curious who will be able to recover or become a drunk indian on a reservation with voting card. But gov bailouts of people or corps have little to do with capitalism...more second link.. if you care. you have your boogers you like to eat.

    and this is great as well, but more importantly the best is is towards the end in regards to inflation.

    maybe you can learn some fundamentals. a couple hours of debate and arguments across studio audience and hosts, and round table "phd's" groups not quite as fun as meme shit. but taking it old school helps show how far we have fallen and become a dingbat society. one which also can go back to the 80s and see postman predicted quite well. But culture and evolution outside economy theory and politics as they all come together for the big picture is a bit above your pay grade if you cant see a single nail. how do you do wink smiley face emoticons?

    • and on a side note. cause i like notes. how much would a person want to be paid per hour to give up 600 a week for no work?
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    • i'm surprised to actually see you make a post, well done.kingsteven
    • I didn't watch either vid but this is a common and legitimate argument against universal income. But I wonder...monoboy
    • ...what you fell about those that use their money to make money. With no effort. Use wealth managers and tax havens.monoboy
    • Idle poor vs idle rich. Deserving poor and those that are undeserving? Not that simple is it.monoboy
    • If people can make a dignified living at any ability, and be respected for it, I think everyone would choose that.monoboy
    • What's more apparent than ever, is the current economic system protects the few that deserve it least.monoboy
    • It was crystallised in 2008, yet here we are again. And it'll probably continue in a race to the bottom.monoboy
  • PhanLo1

    • Of course Wall Street and the Big Banks will be bailouts and made whole...it's the American way...it's call capitalism, just ask boomer deathboy.utopian
    • Am a big Chamath fan. new generation of thinkers finally starting to crack through into the MSM.inteliboy
    • Utopian called me to fact check... Yea utopians statement of fed bailing out corporations has nothing to do with capitalism and is false
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    • @utopian I'll wave the 75 dollar fact check fee this time. But u keep calling ALL the time on false alarms. And capitalism dictates a fee for services
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    • Can't run charity cases all the ti.e because I dont run as a non profit to game your precious gov laws
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    • But if u want to know the fed bailing out does keep people like me from pulling capital. That creates more downward pressure on banking and erasure of vapor wor
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    • I might not agree with the bailout. But I also don't see the benefit of doing the right thing when the world doesn't. Not to mention who wants like 40 percent b
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    • And all that jog loss. The idea of everyo es wages that have a job being rebalanced to previous B's inflation. Civil unrest
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  • shapesalad-7

    Good reporting:

    • Dude, give it a rest
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    • lolNBQ00
  • zaq3

    Debt held by the public is on track to exceed the size of the entire U.S. economy this year for the first time since World War II.

    https://thehill.com/policy/finan…

    • Good think Tman and the bent-over GOP cares about spending and debt!formed
  • NBQ000

    We need Bernie to come back to save the world economy.

  • whatthefunk-2

    • because the money doesn't go to the gov't's bureaucratic nonsense.hotroddy
    • right, with the exception of a few, it goes to making themselves more wealthy...oh, and lobbying to make sure they keep getting wealthier...formed
    • ...and that's assuming that Tman isn't actually a billionaireformed
    • most give back to charities to save money on taxes. More tax revenue is just going to lead to more bureaucratic offices that stifle economic growthhotroddy
    • What economic growth? America is broke and unable to take care of its own.scruffics
    • EVERYONE outside of US wants to invest inside the US. It has the Largest economic growth outside of China which no one invests in.hotroddy
    • When Janiqua Jackson stops having 6 children with 7 baby daddies that's when we'll take care of our own.hotroddy
    • @hotroddy I understand your clumsily made point but what incentive does Janiqua have to stop when the state supports her...uhh...producti...Morning_star
  • NBQ001

    How about some universal basic income?

  • reanimate0

  • whatthefunk18

    • <<<<<<<<<<<<<<<<<<<<_niko
    • You guys are idiots. They are protesting that the govt can't violate their rights you FKN commisHayoth
    • interesting timesR_Kercz
    • "Mass protests" is hyperbole.
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    • Hayoth, ladies and gentlemen. A round of applause for the man whose only brain cell is covered in foot fungus.Continuity
    • Hayoth, that’s what racist cunts say about the civil war and the confederate flag. Just states rights and nothing to do with slavery. You’re a deplorable moron.monospaced
    • "They are protesting that the govt can't violate their rights."
      So they want their rights violated?
      deadsperm
    • Our village idiot has spoken...A parrot has larger vocabulary that Hayoth.utopian
  • whatthefunk9

    • lol.fadein11
    • actually the trickle down wealth aspect of keynesian economy has long been repudiated as false. however central gov desire it to grow there power
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    • gov money spent has very little to do with true economies and more distortion
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    • but man you an utopian really just doing the ukraine click farm meme shit. whole goal of media saturation for dumb fucks
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    • Amen, we should bow to our masters and be greatful for their generositymoldero
    • Facepalm*
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