2007-11-03 03:29:04 · 12 answers · asked by Anonymous in Politics & Government ➔ Politics
There is no collapse, the dollar isn't worthless, just wishful thinking in hopes that at the cost of this country we will change the political flag in the White House and more seats in the Congress. I still believe this country Rocks!
2007-11-03 03:32:45 · answer #1 · answered by rance42 5 · 1⤊ 1⤋
All contemporary issues have ONE underlaying reason: skill The dwindling of our skill sources whilst no different skill grant which will do what fossil fuels do has been discovered is the reason for the further and further issues international huge. The combat for aspects would be insane. Does all and different understand that each and each dollar in life is debt? Inflation is outfitted into the equipment and there relatively is not any way out of it. for each dollar created interior the Federal Reserve is estimated to be payed back with interest. If each and every dollar created is created on the federal reserve the place does money to pay the interst comes from? the respond is NOWHERE. There fore the feds proceed to grow it out of thin air and the dollar loses fee each and every time. the consequence is you may in no way eliminate debt each and every dollar represents debt if all debt have been ever entirily paid there could be no single dollar available. yet that would in no way happen because of the fact to pay debt we choose pay no longer only the crucial, however the interest and the place does money to pay the interest comes from?
2016-10-14 21:23:01 · answer #2 · answered by Anonymous · 0⤊ 0⤋
LOL--you don't see an upsurge in communist economies do you?
Just look at China, who claims to be communist but is the most capitalist country in the world. True? Do you think there is a way to convince them to go back the tired old beliefs of Chairman Mao?? I don't believe you could drag the Chinese kicking and screaming to the days of horrid poverty from that era.
And as for your assertion of Financial DOOM, the latest figures show an upsurge in job growth as well as the most robust economy in 1.5 years. Sure we don't want to see the dollar go down more, but the benefit of this is that we are selling more of our manufactured items overseas, meaning our manufacturing sector is doing quite well, thank you.
Liberals are going out of their way to claim that we are in a recession in order to get their "Queen Mum" Hillary Clinton elected, and if she should be, they will say overnight via their lackeys in the old media that "The Economy is Recovered and better than ever!" Just like they did with Bill Clinton when he inherited a recovering economy post Bush 1.
Don't expect the destruction of Capitalism to happen any time soon, unless you think you can destroy China as well as the USA;)
2007-11-03 03:41:12 · answer #3 · answered by Eric K 5 · 1⤊ 1⤋
"is now the time to destroy capitalism?"
It seems very obvious, it's destroying itself.
The perpetual growth required for capitalism is simply not sustainable.
Governments have allowed corrupt banking practices to flourish. Now, ALL money is borrowed at interest, which means there will never be enough money to pay off principal + interest, which leads to perpetual and unsustainable growth.
2007-11-04 18:42:25 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Unrestrained, free market capitalism is not sustainable: it need not be destroyed because it will burn itself out. What is needed is a more regulated economic system such as is common to the countries of Europe...most of whom have a much higher standard of living than the United States.
2007-11-03 04:09:26 · answer #5 · answered by Anonymous · 0⤊ 1⤋
The American economy is collapsing because George W Bush decided to distribute tax cuts during a time of war and several major national disasters.
The American economy is collapsing because the US Congress has failed to stop spending its surplus of cash on worthless programs rather than the national debt.
The collapse of the American economy will have nothing to do with capitalism as an economic system.
2007-11-03 03:33:07 · answer #6 · answered by Anonymous · 0⤊ 3⤋
It's time to destroy the two party system.
2007-11-03 04:08:03 · answer #7 · answered by Neal 4 · 2⤊ 0⤋
think on a much more personal level because theres not much you can do to sway the way the world works. think on a personal level, its time for people to swink or swim. which side of the class gap will you fall on? ...better start swimming.
2007-11-03 03:39:15 · answer #8 · answered by the_honorable_spm 2 · 1⤊ 1⤋
I don't know - ask the Chinese Communists who have steadily been embracing capitalistic reforms.
2007-11-03 03:45:37 · answer #9 · answered by wigginsray 7 · 3⤊ 1⤋
What makes you think socialism would make things better?
2007-11-03 03:41:19 · answer #10 · answered by ROIHUNTER 3 · 3⤊ 2⤋