capitalism
capitalism
Out of context: Reply #126
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- ukit0
It should be common sense, it's like running a business, if you blow millions on expensive office equipment while not making any sales, of course you're going to be in debt. It doesn't take knowledge of "Keynesian economics" to figure that out (I know that's a favorite buzzword among the Ron Paul crowd).
If you look at the countries that are the most financially stable right now, you will see at the top of the list countries like Germany, Switzerland, Norway, Netherlands...all of which have economies much more "socialist" than ours. So it's pretty hard to draw a link between economic problems and capitalism/ socialism in general, I see it more as a case of bad management.