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Is the US rapidly becoming a failed state due to its free market policies?

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    Is the US rapidly becoming a failed state due to its free market policies?

    I think so. Idiotic leadership on both right and left, but more so on the Tea Party right.
    Record inequality, high crime, median wages that have been falling since the 70s, crumbling infrastructure, a shocking debt burden that must ultimately end in default, exports less in value than Germany, a country with less than a quarter of its population, whole cities decimated and looking like the 3rd world (Detroit, New Orleans), survivalist zealots .... the list is endless.
    The US will eventually become a resentful, 3rd world state with nuclear weapons. Far more dangerous than Al Qaeda.
    And all because of their free-market policies.
    The evidence is there for those with the brains to see.
    Hard Brexit now!
    #prayfornodeal

    #2
    Originally posted by sasguru View Post
    I think so. Idiotic leadership on both right and left, but more so on the Tea Party right.
    Record inequality, high crime, median wages that have been falling since the 70s, crumbling infrastructure, a shocking debt burden that must ultimately end in default, exports less in value than Germany, a country with less than a quarter of its population, whole cities decimated and looking like the 3rd world (Detroit, New Orleans), survivalist zealots .... the list is endless.
    The US will eventually become a resentful, 3rd world state with nuclear weapons. Far more dangerous than Al Qaeda.
    And all because of their free-market policies.
    The evidence is there for those with the brains to see.
    Good observation. And GB has been following in its footsteps far too long to its detriment.

    Comment


      #3
      The US is largely failing due to actions from the government and federal reserve, here are a few...

      Artificially low government set interest rates
      Government backed mortgages
      Huge deficit spending
      2 pointless wars

      Comment


        #4
        I've got brains. What chance Alpha Proxima?
        Me, me, me...

        Comment


          #5
          Failed state? Maybe. Due to free market policies? Nah, more likely a failure to implement free market policies properly. Moral hazards, manual interventions without fully considering the consequences (long term low interest rates...). The failure to apply the law in the seemingly many cases of financial fraud indicate some high level corruption or simple incompetence of government I guess.

          The question is, will they learn?
          Keeping calm. Keeping invoicing.

          Comment


            #6
            I think in many cases they have the private sector investment / government spending balance pretty well honed, where they seem to have a problem IMO is in giving to much weight to vested interests and those who shout loudest when dealing with situations and industries that require government intervention and regulation.

            I think most of the problems can ascribed to their highly polarised political system and the way it's funded and their partisan mass media that seems to place little value on truth or accuracy.
            Last edited by doodab; 4 September 2012, 09:07.
            While you're waiting, read the free novel we sent you. It's a Spanish story about a guy named 'Manual.'

            Comment


              #7
              Originally posted by sasguru View Post
              I think so. Idiotic leadership on both right and left, but more so on the Tea Party right.
              Record inequality, high crime, median wages that have been falling since the 70s, crumbling infrastructure, a shocking debt burden that must ultimately end in default, exports less in value than Germany, a country with less than a quarter of its population, whole cities decimated and looking like the 3rd world (Detroit, New Orleans), survivalist zealots .... the list is endless.
              The US will eventually become a resentful, 3rd world state with nuclear weapons. Far more dangerous than Al Qaeda.
              And all because of their free-market policies.
              The evidence is there for those with the brains to see.
              trouble with you lefties is that you like to see anything that fails as an endorsement of your own ideology. Perhaps you could explain how your precious socialism will rejuvenate the US economy.
              Let us not forget EU open doors immigration benefits IT contractors more than anyone

              Comment


                #8
                Originally posted by DodgyAgent View Post
                trouble with you lefties is that you like to see anything that fails as an endorsement of your own ideology. Perhaps you could explain how your precious socialism will rejuvenate the US economy.
                Perhaps you can explain why you think I'm a socialist?
                Hard Brexit now!
                #prayfornodeal

                Comment


                  #9
                  Originally posted by DodgyAgent View Post
                  trouble with you lefties is that you like to see anything that fails as an endorsement of your own ideology. Perhaps you could explain how your precious socialism will rejuvenate the US economy.
                  You are senator McCarthy and I claim my five blacklists.
                  While you're waiting, read the free novel we sent you. It's a Spanish story about a guy named 'Manual.'

                  Comment


                    #10
                    Originally posted by sasguru View Post
                    Perhaps you can explain why you think I'm a socialist?
                    It is reasonable to presume that the whining nature of your political non points are nothing more than a stream of cliches that are used to manipulate negative emotions about free market ideology. So presumably you must have an alternative position that might suggest how things can be done better - may we hear it?
                    Lefties thrive on picking holes and undermining enterprise because they have no alternative argument. I would wager that this is all you have got.

                    Do you sit in your bedsit peeking out of the curtains making sure none of your neighbours is doing better than you?
                    Let us not forget EU open doors immigration benefits IT contractors more than anyone

                    Comment

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