Why is the world going broke? Buy weapon, it goes boom, money gone.?

Question

The same money spent on social programs, agricultural equipment, business, utlities, pays and pays for years- a better investment?
reasonable thinking comments please - (*why do I have to ask that? we'll soon see... )

Answer 1

Your assessment is completely correct. Almost all of the world's problems would be solved if the countries presently spending trillions of dollars on total annihilation took even a small fraction of spending away from mass destruction and put it towards doing some good.

Answer 2

No, the money still exists.... it is the product that is gone, and hopefully some of those who attack America in the process.

Social programs? Now there goes a real waste of money... in most cases. Very few work.

Business? Sent out of the country.

Manufacturing? Sent out of the country.

Education? The more money spent on it, the worse it seems to become.... why? because the money goes to administration instead of to the areas where it would truly help. And, it would require getting the governments leftist nose out of public schools to really allow an improvement.... and requiring parents to become involved with planning what curriculum is to be offered. Politicians do not give a damn about education other than the political football they have made out of it.

Utilities.... if you mean wind power, etc... yes, go for it.

Agricultural equipement..... we have the best in the world.... why are food products being imported that can be produced here?

Answer 3

I actually phoned in to a talk show and made that comment. I said war manufacturing profits society no more than employing workers to dig a hole and then fill it back in.
The talk show host turned my telephone input off and went on a monologue about war industry stimulates the economy and provides needed jobs yada yada.
I wonder if talk hosts are part of our daily pravda (truth) to teach us Halliburton and other corporations are helping taxpayers.
Actually it is the cause of inflation. War is financed by fiat money (money by decree - unbacked money) "loans". People think they have more because they have more money but it takes more money to buy simple things. Gold was $35 an ounce when I was young. What is it now? Still just an ounce of gold and has few industrial uses compared to silver. A full size Chevrolet Impala cost $2800 in 1971. What does a small compact cost today? And as you earn more digits your tax rate increases. Pretty poor situation.

You and I know the talk host spread propaganda. The media often has an agenda.

Answer 4

Truth is...war & the selling of weapons, done properly is a boost to the economy. Wage war during a depression it offsets the inflationary effects. Wage war during economic boom and you can kill the boom cuz investors start hiding their money. Countries like the US that sell arms make more money than they care to admit from 3rd world countries that they lend money to. It's part of how they get that money back. I'm against war, but truth is, it's great for the US & Russian economies. Bad for Lebanon, Iraq, & Afghanistan. Social programs can often be mismanaged, & then are first to be cutback during the hard times. As long as this keeps happening the world is getting richer, but the earth is going broke.

Answer 5

Ha ha ha ha!

Its exactly the way my dad... when i would insist on buying crackers, would give me a note and say go set it on fire instead!!!

These dumb fellows wont understand the difference between true economy and a false economy. Real value is not the currency in float but the actual worth we are creating. There is not much of that happening war is a simple depletion of resources and murder of people. There are countries in this world which survive without an army and are respected and are safe. They slog so much less and live healthy lives without any threats. They use diplomacy and communication, where as US uses military threats and WMD stockpiles and for this reason is universally hated and unsafe too.

Answer 6

The world is going broke because the entire money system as a means of exchange is rigged to create massive debt that can never be repaid.

Money is created out of thin air with the click of a mouse and then interest is charged upon it.

All money in circulation was lent into circulation and therefore needs to be repaid with interest. the problem is, the interest was never created in the first place, so the total amount of debt owing can never be repaid. the system is designed from the outset to create losers, and the losers have to use collateral to secure the loans and the banks then 'steal' that collateral back from the inevitable losers in the system.

The banks have not paid for the secured collateral as the money is created out of thin air.

This is theft.

Answer 7

Greed & greed.

Countries are going broke. But the leaders are enjoying a financial bonanza! Its the same old story:

Joe Public runs for office on a change-for-the-better-platform. Gets bought off by specialized lobbyists & interest groups. Public programs suffer. Leaders get richer while supporting right-wing wacko-fundies. People be damned.

Thanks Republicans! xoxo

Answer 8

I was just reading where Stephen Harper (prime minister of canada) was comitting 25 million to rebuilding Lebanon.
Total damage there is estimated at 3 billion. Too bad it never ocurred to him to tell Israel to go home sooner. Every day they were fighting did 100 million in damage. He could have helped the Lebanese a lot more if he helped get Israel out one day sooner.
So yeah, war & fighting is the biggest waste of money going these days.

Answer 9

Friends of George Bush in the Military-Industrial Complex get the money. They pay it to workers who make weapons of mass destruction and weapons of non-mass destruction. They pay dividends to holders of their stock, including friends of Cheney, and your pension fund,

Money (assets) is a zero sum game. Investment vs. consumption is not. One generation inherits from the last. Unless somebody has blown up all the bridges.

Answer 10

The $$ is NOT gone. It goes to the producers, their employees, their truck drivers, etc., exactly the same as any other industrial or consumer product. Then it circulates like any other $$.

You may think that social programs are more desirable than arms, but in theory it makes no difference & in practice, arms & armaments probably contribute more to economic wealth.