The global era of socialism with it's entitlements and debt spending, endless taxation which is never enough and burns borrowed money faster than a 1968 Pontiac Bonneville burns gas, is going to implode.
If the interest rates go up, these governments will not be able to pay even the minimum payment on the debt, they will start to print money and inflation will eat all of you.
You can tax and loot every single penny the "rich" have, it won't be enough to buy the a ticket out of this implosion. You will only have Pol Pot Khmer Rouge as your legacy after you do that. Many "rich" are also very, very smart, they will move their money and hid it and even double it, it will not be found. Only Capitalism could save global socialism, not fascism as in socialist China nor the crony tax and spend socialism crony capitalism of Obama.
Global socialism is bankrupting and has bankrupt communities, cities, states and countries. Keynesian schemes has historically failed.
Capitalism is a social system based on the principle of individual rights, not obese unaccountable government whose powers are more corruptable and dangerous than the largest oil company and whose socialist patronsare crony alignments between government and crony franchise such as pro-Democratic party PG&E or Comcast and others who, in the end, are peons and stupid drug addicts and their commence is on the doormat very soon.
Products and services are not an artificial creation of the state. If you think you can rule out Mother Nature and the natural law, the bill will come due. Like a Vegas junkies with 10 maxed out credit cards and wins the vote of the kids promising to open yet anpther credjt card and take them all to Circus Circus, the bill will come due and their commence is on the doormat even sooner but not fast enough...
If the interest rates go up, these governments will not be able to pay even the minimum payment on the debt, they will start to print money and inflation will eat all of you.
You can tax and loot every single penny the "rich" have, it won't be enough to buy the a ticket out of this implosion. You will only have Pol Pot Khmer Rouge as your legacy after you do that. Many "rich" are also very, very smart, they will move their money and hid it and even double it, it will not be found. Only Capitalism could save global socialism, not fascism as in socialist China nor the crony tax and spend socialism crony capitalism of Obama.
Global socialism is bankrupting and has bankrupt communities, cities, states and countries. Keynesian schemes has historically failed.
Capitalism is a social system based on the principle of individual rights, not obese unaccountable government whose powers are more corruptable and dangerous than the largest oil company and whose socialist patronsare crony alignments between government and crony franchise such as pro-Democratic party PG&E or Comcast and others who, in the end, are peons and stupid drug addicts and their commence is on the doormat very soon.
Products and services are not an artificial creation of the state. If you think you can rule out Mother Nature and the natural law, the bill will come due. Like a Vegas junkies with 10 maxed out credit cards and wins the vote of the kids promising to open yet anpther credjt card and take them all to Circus Circus, the bill will come due and their commence is on the doormat even sooner but not fast enough...
Last edited:
