Sirwin
Sirwin

Why Socialist countries fail

By stevea68 | SteveA | 26 Jan 2021


This minute and a half video says it about as clear as could be:

There's a lot more I could say but consider a few questions:

1) Has government demonstrated an ability to live on a budget, as nature requires?  (or does "it" continually overspend, print more money devalue savings via. inflation, raise taxes and require continually more assistance to survive?) - BTW, a dollar was originally tied to 1/20th of an ounce of gold, so $20 = 1 ounce of gold.  Now it's about $2000 / ounce of gold, so the dollar has lost so much value over time it's worth about 1/100th of where it started.  How many private companies could survive if their stock value dropped to 1%?  Maybe bad ideas should go bankrupt instead of sucking everything up to maintain life support.

2) How many industries have become expensive, irresponsive,or even gone belly up and basically shipped to foreign countries when government got involved controlling and regulating it?

3) How much experience working in private businesses and industries do most politicians have?  How much experience does the average voter even have?

In my opinion, the people doing the work, paying the bills, putting food on the table and doing what it takes day-to-day to keep things afloat and the lights on are the votes that really matter.  People can thumbs up or down stuff on the internet all day long but the people making it all possible are the ones who truly run the show ... (and I seriously don't believe many of them wanted more government "help").

4) And finally, to what extent does government, or anyone else, even have a right to intrude on private industries?  If individuals still have Constitutional rights and freedoms then there are many areas people explicitly denied government involvment.

5) Who pays who and who owes government debt?

6) Do you need someone else to tell you how to live and if so, does someone else owe it to you to perform that job?

Just things to consider ...

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stevea68
stevea68

I'm a semi-retired engineer looking for some ways of earning a little on the side and using cryptocurrencies seems like a good way of doing it :)


SteveA
SteveA

I'm limited to 510 characters for a description, so I'll waste a few making that comment. What else? There's a ton - are Big Bang and Cyclic Universe theories logical illusions? What forms of mathematics create beauty? Coffee, tea or a chocolate bar? ... or maybe what would an ideal partnership with someone be like? I'm both a "couch surfer" and explorer ... where might you like to go? I'm wishing us all the best.

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