Do all economic polices promoting posterity contain the seeds of recession?
The American Dollar is the 8th world currency in history.
How about the seeds of extinction?
Warlock
Are all economic policies flawed;Baddboy'd economic theoryt/heories
by badboy 24 Replies latest watchtower beliefs
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Warlock
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asilentone
If the bible says so, I guess it will happen, but it could get better then we might have the same crisis later on. Just wait and see.
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BizzyBee
Our economy has been based on the necessity of more and more growth rather than sustainability. Growth as an operating principle has enriched the few, impoverished the many and is now endangering the planet. Unchecked capitalism does not work for a civilized society.
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minimus
I can only say Noah knew best.
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badboy
One problem I see is if you deregulate, it leads to a boom eg Internet boom/bubble, but any bubble must burst.
deregulation can lead to its own problems.
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jaguarbass
What goes up has to come down.
Thats the ebb and flow of life.
But in America, the politicians have sent all the jobs that provide benefits and
a living wage off shore.
That's like a loose monkey wrench in the gears of American middle class prosperity.
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badboy
btttt
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hamilcarr
Economic policies promoting posteriority
What does that mean in practice?
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BurnTheShips
Growth as an operating principle has enriched the few, impoverished the many and is now endangering the planet
Funny that, especially from a poster whose generation is the one that inherited the greatest wealth in history, and the most evenly distributed, and has squandered it for mine and my children's. You boomers are a joke.
BTS
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IP_SEC
Our economy has been based on the necessity of more and more growth rather than sustainability. Growth as an operating principle has enriched the few, impoverished the many and is now endangering the planet. Unchecked capitalism does not work for a civilized society.
You are right but for the wrong reason. Capitalism isnt the problem. The growth is in want of debt as our 'economy' is a debt money economy. In order for our 'economy' to grow there must be an exponecial growth in debt=an exponencial growth in borrowing debt notes to 'pay' (DISCHARGE) for things we dont need. (Sorry for the run on sentence)
THE PROBLEM IS THE DEBT MONEY SYSTEM.
THE PROBLEM IS THE DEBT MONEY SYSTEM.
THE PROBLEM IS THE DEBT MONEY SYSTEM.
THE PROBLEM IS THE DEBT MONEY SYSTEM.
THE PROBLEM IS THE DEBT MONEY SYSTEM.
THE PROBLEM IS THE DEBT MONEY SYSTEM.
THE PROBLEM IS THE DEBT MONEY SYSTEM.
THE PROBLEM IS THE DEBT MONEY SYSTEM.
THE PROBLEM IS THE DEBT MONEY SYSTEM.
THE PROBLEM IS THE DEBT MONEY SYSTEM.
THE PROBLEM IS THE DEBT MONEY SYSTEM.
THE PROBLEM IS THE DEBT MONEY SYSTEM.
Yo?! bizzybee?