Re: the future long term financial apocalypse of the USA

On 19/05/24 01:34, Michael F. Stemper wrote:

On 17/05/2024 15.31, D wrote:
 

I was unaware

Ignorance is bliss.

 we have anything resembling capitalism. What we have

today is a plan economy with government calling the shots, which is
far from capitalism. Many billionaires are the ones who are the most
cosy with politicians.
>
As for who the wealth belongs to and the benefits for the population
at large, note that we are living at a high peak of civilization
compared with 100 years ago on all scales, infant mortality, wealth,
quality of life etc.

 
The implication of what you're saying is that living at the peak of
civilization is strongly correlated with having a planned economy
rather than capitalism.
 

Be careful. You might smear his rose tinted spectacles.