I drink your milkshake! a metaphor for capitalism

vantexan

Well-Known Member
the imf works for the bankers and against the interests of its member countries.
If you give your citizens benefits you can't afford should banks give you money so that you can keep those benefits? Austerity means you stop the benefits and pay back what you owe. Banks don't just hand over money with no guarantee of getting it vack.
 

rickyb

Well-Known Member
If you give your citizens benefits you can't afford should banks give you money so that you can keep those benefits? Austerity means you stop the benefits and pay back what you owe. Banks don't just hand over money with no guarantee of getting it vack.
yea they do actually. wall street did the same thing, they made loans which they knew couldnt be repaid. it was fraud. but there was money in it. austerity means they shrunk the economy which means you cant pay back the debts which couldnt be repaid anyways.
 

vantexan

Well-Known Member
yea they do actually. wall street did the same thing, they made loans which they knew couldnt be repaid. it was fraud. but there was money in it. austerity means they shrunk the economy which means you cant pay back the debts which couldnt be repaid anyways.
How did they shrink the economy?
 

vantexan

Well-Known Member
because thats what happens when you take money out of it which is what austerity and budget surpluses are.

i will rewatch more videos and then explain it to you later.
Budget surpluses? The Greeks had deficits, not surpluses. They spent more than they took in. At some point things had to give and they did. And the U.S. is heading down that path.
 

rickyb

Well-Known Member
Budget surpluses? The Greeks had deficits, not surpluses. They spent more than they took in. At some point things had to give and they did. And the U.S. is heading down that path.
trump has the right idea of deficit spending but hes just spending it on corporate welfare which is no good.
 

rickyb

Well-Known Member
more austerity, which destroys economies, to "pay" for deficit spending for the rich:

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rickyb

Well-Known Member
video game makers, like all capitalist biz, are known to treat their employees badly. so an employee at naughty dog is leaking a game they are working on.
 
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