To cope with the recent recession, some countries wound up jailing their bankers, while others did not. Therefore, some countries began leaning towards the theories of populism and populist parties. We see those theories reflect in some of our presidential hopefuls running in this years election. The ones who claim long-term prosperity, or “make America great again.“
The goal for the government is to destroy capitalism without involving themselves in a long-term relationship with populist, or any other party wanting to break up the banks.
The answer to capitalism is not populism, it is not socialism, it is only with a perspicacious transparency through criminally political powers that our country will be able to make the dollar worth something again.
Capitalism has been our only economic model for the past 150 years, and just like the Thirties when Americans had turned a stock market crash and a series of monetary policy blunders into a depression, we cannot back out now. To make matters worse President Herbert Hoover had signed into law the Smoot-Hawley Tariff Act thinking it would save them for some reason when instead it slapped massive taxes on the imports of 20,000 goods and triggered a global trade war. Sounds a little like today’s Trans Pacific Partnership.
The goal to destroy capitalism has become a giant propaganda scheme as Christiana Figueres, the executive secretary for the U.N.’s Framework Convention on Climate Change actually admitted during a news conference that “this is the first time in the history of mankind that we are setting ourselves the task of intentionally, within a defined period, to change the economic development model.“ The goal of environmental activists is not to save the world from ecological calamity but to destroy capitalism. Read more here.
Reasons why stock markets have been getting whacked:
Investors in equities, including millions of people with private pensions and Isas, have already lost a fortune; they won’t be too happy when they begin to realise the extent of the damage. Growth is slowing everywhere, and the monetary pump-priming of the past few years is looking increasingly ineffective. Traders believe that interest rates won’t go up in Britain until 2019, and there is increasing talk that negative interest rates could become necessary across the developed world, further crippling savers.No positive spin can be put on any of the latest developments. Banking shares have taken a beating; China’s slowdown continues; Maersk, the shipping giant, believes that conditions for world trade are worse than in 2008-09; industrial production slumped in December, not just in Britain but more so in France and Germany; energy prices are devastating Middle Eastern and Russian economies; and sterling has tumbled.
It is always a sure sign that panic has broken out when financial markets respond badly to all possible scenarios. The prospect of higher interest rates? Sell, sell, sell. A chance of lower rates? Sell, sell and sell again. A rise in the price of oil is met with as much angst as a decline. The financial markets remain addicted to help from central banks: they are desperate for yet more interventions, regardless of the consequences on the pricing of risk, the allocation of resources or the creation of unsustainable bubbles that only enrich the owners of assets.
Source:TheTelegraph
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Actually if humanity was without sin we could easily any of the 3 but humanity is ruled by greed making them all bad to an extent. Capitalism however allows for growth and prosperity where the other 2 use growth and prosperity to fuel their growth. Yes they can all be bad and with humanities flaws they are exactly that. But because capitalism works first on a personal level it is the lesser of 3 evils with the least impact. Then again when capitalism becomes corrupted it is by deffinition no longer capitalism. So in summary you are partially correct.
If we could help we would, but we have an$#%&!@*as a president, I pray for biafrans, no one should should be subject to crazy people who think they will get virgins in heaven,
No. Under socialism would be forced labor. We’d just take a 75% cut in pay, and work twice the hours to have less than we can now. I don’t know if capitalism is the best economic plan, but it sure beats socialism!
http://173.175.106.237/cmt/comment7.html
Learn about Marxism because it is taught that it is an unjust system where profit rent and interest are forms of theft where wealth is gained no be labor but manipulation of property.
United Nations is behind the bankrupting of EU and US
We have a bunch of dum a– law makers to allow laws to take someones hard earned money because of a p**s pour decision. What congress does not relise is their money could be taken too and i hope it happens to them. Keep you mits off my money or they will be revoulation.