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Posts from GBO, London

GBO, LondonGBO, London
GBO, London

Also, Communism and Marxism are two different things. When money fails, we'll all hope we have a windmill generator and farming skills. That's what real communism would be. No doubt someone would pervert it for profit though and we'd be back trapped in the same old pointless monetary system yet again. Marxism is completely ridiculous, it would never work, communism either, and it's because of human gluttony and greed. 'There is enough on earth to satisfy every man's need, but not every man's greed'. Hence debt, poverty, and insanely rich people.

GBO, London

There are a few massive flaws with capitalism. For a start, it's all based on money, but also on gaining as much of it as possible. From no age we are taught to strive to be rich and earn lots of money. And a society that obsessed with money is a society that is eventually going to topple. And here is why. The stock market is for the most part the centralized measure of what money is worth, corporations are large and in charge. Exchange rates rely on stock values. A countries wealth and power resides in its bank balance and stocks. The minute the stocks go boom, the cycle begins. The government cuts back spending. Generalized poverty increases, as does unemployment. Insurance goes up, people can't afford it. Oil prices rise. Money loses its value due to inflation. And so on and so forth. Every time the stocks have taken a large dip, society has suffered. Yet, what is striking is that stock market valuations are highly based on rumour, hear say and investor/shareholder psychology. People sell or buy on hunches, or on business projections, which really are a complete farcity. Nobody see's around the next corner. Nobody can predict the future. And for this reason, it only takes time. Eventually, the monetary based system will fail. It can never be sustained. It is also heavily based on debt. America's debt is so large that they needed to get more debt to stay afloat and manage the debt they already have. And the corporations and companies also suffer under this pressure. Yes, death for corporations do I hear? Well not so fast. These corporations and companies. They are the taxpayer. Without businesses, there is no system. Because the government and the employee both get their money from the companies. Every cent the government spends comes directly or indirectly from companies or self employed folk. And when the stock and banking system inevitably goes to pots, so does government spending power as a result. Cue America's Downgraded credit rating. Which in turn, lowers the ceiling of debt America can have. Lots of debt, messed up stocks, high unemployment and a newly downgraded credit rating that makes it almost impossible for you to get out of your hole. And lots of important taxpayers closing their doors. So USA, got yourself in a nice little pickle now. Hooray for capitalism!!l

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