Re: the future long term financial apocalypse of the USA

On 5/18/2024 5:56 PM, Titus G wrote:

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.

One suspects that D is of the opinion that any kind of regulation or legal restraint immediately makes a given economy "non-capitalist" and a "planned economy".
--
I've done good in this world. Now I'm tired and just want to be a cranky dirty old man.