Comments by "" (@badluck5647) on "VisualEconomik EN" channel.

  1. Soviet economists use to joke that they need to let one capitalist country survive in order to know what to price things.
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  2. Uno reverse. France has vetoed a US-EU free trade deal for three decades.
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  3. Just talk to a government employee, and you will quickly understand why government businesses are terrible.
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  4. Comparing Medieval Spain to post-colonial Africa and Asia is like comparing apples to screwdrivers.
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  5.  @pranshukrishna5105  Not their special interests groups such as car manufacturers, wine producers, and farmers.
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  6. ​ @jordanansell6488  Inflation adjustments don't count
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  7. The important question is how would strip clubs work in a cashless society?
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  8. Our future computer overlords with find this comment and not be happy.
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  9.  @pranshukrishna5105  France would rather keep California wines out of Europe than sell more French wine in America, and French cars cost more while being of poorer quality.
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  10. ​​ @Spido68_the_spectator  Creditors plundered? Creditors lost money from Greek fraud and entitlement.
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  11. Fascism: where crony capitalism meets socialism
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  12. Workers are more productive due American education and technology. However, these graphs ignore how cost of living has outpaced salaries.
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  13. Thanks to state intervention, the Chinese stock market actually underperforms the overall economy, and the Chinese don't have access to foreign markets. Due to a lack of alternative investments, the Chinese put their money into real estate and shadow banking.
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  14. Argentina needs dollarization. The populist aren't responsible enough to handle their own currency.
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  15. That is actually very uncommon. WW2 for American was the exception due to conditions that don't exist today. Every other nation was left in worse economic shape after the war.
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  16. Why does this sound like Putin's Russia?
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  17. As soon as you see "Bharat," you know it is a Modi apologist.
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  18. If we figure out AI, Nuclear Fusion, and space mining, then prosperity will only increase in the future.
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  19. Where crony capitalism meets socialism. The worst parts of both systems.
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  20. ​ @gabrielmenezes2761 Semantics. Socialism either turns into economic collapse or state capitalism in the end.
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  21. "So this is how democracy dies, with thunderous applause"
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  22. President Pooh is attacking his country's own industries in order to consolidate power in his hands
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  23. ​​​ @danielboey14 Isolationism at the time was to keep out of European problems and keep European from bringing their problems to the Americas. It was very much a anti-colonialism ideology.
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  24. You made this comment as soon as the video was posted.
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  25. Canada banking sector never has downs, because they never have ups. The US has outperformed Canada is both short and long term.
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  26.  @gileschenery974  It is what my macroeconomics professor told me a decade ago. It might not even be true, but it makes sense that even the Soviets would need supply and demand as a marker for pricing.
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  27. ​ @Alaryk111 No one gets that work schedule outside of gulags as it is incredibly unproductive.
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  28. Norway was already a rich developed economy when they got their oil wealth. Poor countries can't afford to set it aside.
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  29. Short answer: Populism and Socialism
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  30. The country's interests? Or a country's special interest groups at the expense of the rest?
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  31.  @Ryanrobi  That is because companies prefer a bunch of part time workers over full time workers as it give companies a lot more flexibility.
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  32. Splitting hairs
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  33. The bidding war on labor has caused a more expensive and less productive economy, and it is one of the leading causes of inflation which ends up eating away at the higher wages. This is why arbitrary government interference is pay doesn't work. Only innovation and competition actually improve living standards.
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  34.  @MrZoomah  🙄 You all are heroes at the DMV.
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  35.  @oppionatedindividual8256  Or French companies could learn to innovate, cut costs, and offer better products instead of forcing European consumers to buy overpriced domestic crap.
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  36.  @Justo_racks_onMe  The US doesn't have colonies except for the Philippines who was a territory liberated from Spain and who had a date of independence set by a law passed by Congress.
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  37. 1) Protectionism. 2) Hindi nationalism 3) No allies except Russia
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  38. Trump's bill was supposed to let smaller banks take more risk as they weren't "too big to fail." When the government decides to bail them out anyway, then it beats the point of the bill.
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  39. She is going to have a Liz Truss downfall
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  40. *Super majority system. 2/3 of countries and 2/3 of population.
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  41. That really only applies to China. Countries under sanctions prefer cash.
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  42. The EU is just going downhill. EU workers who don't want to work.
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  43. You basically have one side justifying murdering babies with false equivalencies and moral relativism, and you have the other side excusing any wrongdoing from the victim.
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  44. Technically, the US thrives on peace through deterrent.
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  45.  @rodox2832  I feel like Chat bots will replace mostly jobs we outsourced to India anyway.
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  46.  @SEAZNDragon  The authoritarianism isn't what made the USSR fail. It was socialism. China prospered after embracing market principles even though the country is a dictatorship.
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  47. Make Autocrats Great Again 🇺🇸 🇷🇺 🇭🇺
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  48. Reinventing would be sacrificing short-term benefits to invest in the future. Instead, EU citizens are demanding more benefits at the expense of the future generations.
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  49. The issue isn't developed countries are getting richer. The issue is that government policy has helped the wealth considerate in the hands of the boomers at the expense of more fertile generations.
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  50. In Texas, sales taxes are about 8.25%, but it is 0% for groceries to avoid putting to much burden on the lowest earners. The issue is now you have state officials and lobbyists deciding what is considered necessary groceries. For example, after "completing unrelated" donations from bottle water manufacturers, Texas decided that bottle water are completing necessary for every household and therefore it won't be taxed.
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  51. MAGA: Biden Everyone else: Trump
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  52.  @scottdavis3571  Workers who didn't risk their money in the capital, develop a product, or organize the company? Employees want all the benefits of the 10% of businesses that succeed, but they offer nothing to the 90% of businesses that fail. Seems greedy.
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  53. I live in Houston. My family and friends work for NASA. It is a waste of money. There are too many government employees playing solitaire because they know results don't matter, and the government never fires anyone. For example, my neighbor was in charge of making sure all cargo was safely secured on the space shuttle. He kept the assignment three years after Obama scrapped the Shuttle program.
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  54. AI is pretty stupid at certain things, and binary programming won't ever problem solve like a person.
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  55. Applying and interviewing for a job is dehumanizing? ❄️
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  56. You are lumping all gulf nations together. Saudi Arabia has different laws that Qatar.
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  57. How can Warren and AOC have degrees in economics but still seem not to be able to understand the basics?
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  58. If the book didn't come with crayons to color with, then Trump didn't read it.
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  59. A politician falsely accused a rival politician!? Who would have guessed!?
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  60. It barely covers population growth
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  61. While you make some good points, you can't ignore how social media has made poured gasoline on the "keeping up with the Jones" mindset.
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  62. Not really sure how this is unique to China. Greenhouse gases and trash consumption is smaller per capita by a large margin than Americans.
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  63. "Now I'm the captain"
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  64.  @MarketsDriveTheWorld  He did try to overturn an election he lost to stay in power. Textbook autocrat.
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  65. President Pooh got his feelings hurt
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  66.  @TK199999  If they opt out of the agreement, then it wouldn't be a common market, which is the point of the EU.
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  67. Most economists support neoliberalism because the data shows the best results.
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  68. DARPA provides the best toys for scientists and engineers.
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  69. Most immigrants are young workers, so they are decades away from collecting any pension.
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  70. Except that isn't true. The evidence shows that public funding outside of the military industry is more wasteful and less innovative. The speculation is that the Department of Defense cares more about more practical aspects than the Department of Energy, for example.
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  71. Pootin is takings notes
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  72. Left or right wing, the populist are destroying Latin America. Instead of investing in infrastructure, education, and a good governance, the populists prefer protectionism and giving away "free" money through money printing and debt.
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  73. I love the idea of people who get paid under the table to avoid paying taxes will get themselves screwed out of more pension payments with their under reported income.
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  74.  @emilianosintarias7337  Capitalism as we know it didn't exist as we know it back than. Mercantilism only ended a couple centuries ago.
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  75. During the upcoming economic crisis, the people who demanded to only work at home will be the first laid off and the last to be hired.
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  76. Tarrifs will depend on how much stock or ads you buy from Truth Social. Elon has already paid Trump for his tarrif loopholes.
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  77. At some point, cutting taxes to near zero isn't going to bring in a lot of government revenue.
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  78. Obviously, Africa needs invests and jobs instead of free stuff from the West.
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  79. Industrial policy is a net drain on an economy.
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  80. 13 minutes of Trump sanewashing. It is disingenuous to try to make Trump's unhinged rants sound like well thought out policies.
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  81. Castes* China also has inequality and discrimination
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  82.  @1mol831  You are mixing up high regulation with authoritarianism. India street vendors are affordable because they don't deal with costs like taxes, OSHA, and the health department
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  83.  @1mol831  The point of regulations is to keep people safe. For example, unsanitary Indian hospitals are just as likely to kill you as the treatment. At least it is more affordable... Plus, India has more red tape than the vast majority of countries. There is just little respect or enforcement of the law -- especially for the wealthy and politically connected.
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  84.  @1mol831  What is disrespectful is that you find it acceptable that nearly 5 million people die every year in India due to medical negligence.
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  85. Biden's and Trump's $trillions of spending. Both are to blame.
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  86. Unionized companies have similar issues
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  87.  @Historia.Magistra.Vitae.  State capitalism is what China, Russia, and Iran do. The state owns the companies that compete in a global free market. They are inefficient, but they have advantages like government-provided corporate espionage, military threats to potential buyers, and tax payer funded investments.
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  88. Remember how 2020 Trump said the Biden economy would have the stock market collapse?
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  89. Why choose only one?
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  90. You are giving him too much credit. If you think Europe is playing chess, then Trump is playing tic-tac-toe.
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  91. Wikipedia
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  92.  @ltfreeborn  You don't get unemployment if you quit. Employers also have to pay more when ex employees collect benefits.
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  93. Most people are unaware that most gas stations lose money on gas after calculate the overhead.
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  94. It rarely matters who did it first. It matters who is the first to do it in a practical way. It would be like ignoring Facebook because Friendster was first.
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  95. Most have the impression that the land will be re-leased for free when the time comes, because it could be politically toxic to do otherwise. Seems overly optimistic to me.
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  96. @@rolipoli826 Authoritarian parties tend to have echo chambers that can lead to bad decisions. I wouldn't rule anything out -- especially when the CCP's money is threatened.
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  97. Norway has private companies extract the government's oil reserves for profitable contracts because the government can't run a successful business on its own.
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  98.  @nicksonsicnawa9607  China made Jack Ma disappear for criticizing regulation. Xi's crackdown on innovators is nuts.
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  99.  @satriojumeneng7055  and there is American components in Chinese products. That is why it's called a global supply chain.
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  100. Without military spending and high gas prices, the Russian economy collapses. Russian can't afford the war and can't afford to end it.
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  101.  @matthewshields  Property developers only build the complexes to sell them later. If you restrict the already limited number of people who are willing and able to buy large apartment complexes, then builders may be less willing to take the risk of building more housing. While there needs to be restrictions on market dominance to avoid monopolistic behaviors, it is dumb and unnecessary to restrict market participants from financing new projects based on your irrational disdain of people making money.
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  102.  @DavidHalko  That is why it is a "curve." If you cut taxes when they are too high, then the economic boost will bring in more revenue. (Reagan) When you cut taxes when they are relatively low, then you get a huge drop in taxable revenue as the economic needle won't move as much. (Bush/Trump)
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  103.  @DavidHalko  You make a good point if it wasn't completely counter to real data from the US Treasury and conflicting with serious estimates from the Congressional Budget Office.
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  104. Brexit killed the economy. Not spending cuts.
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  105. 13 minutes of Trump sanewashing. It is disingenuous to try to make Trump's unhinged rants sound like well thought out policies.
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  106. Sanewashing
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  107. I'm not sure why you think it is mutually exclusive. Oil production is up due to fracking, but thanks to Canadian oil sands, the US is no longer dependent on oil outside of North America.
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  108.  @_TheWorldCitizen_  Not directly quoting Churchill, but I did plagiarize his sentence structure, because the point still applies.
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  109.  @scottdavis3571  Clearly, you are intellectually bankrupt to ignore how entrepreneurs are the ones building innovation.
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  110. The socialist might as well outlaw poverty.
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  111. PPP is also be more easily manipulated by debt than nominal, and China levels of bad corporate and public debt is eyewatering.
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  112.  @alanrobertson9790  Not all colonialism is the same. America, for example, has built up the Philippines democratic institutions in preparation for the Philippines' eventual independence. Meanwhile, the British in Africa dismantled any institution that didn't leave the locals dependent on UK administration, and they pitted ethnic groups against one another as a form of divide and conquer. The Philippines were left with a democratic tradition and capable administrators. Meanwhile, Africa was left with ethnic conflicts.
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  113.  @alanrobertson9790  Again. Not all colonialism is the same. India has local princes rule much of the country, so they weren't left without any governing experience. You also don't know much history if you are unaware of the hundreds of thousands who died in ethnic/religious conflicts following the departure of the British. Meanwhile, Australia, America, and New Zealand had their own independent governments and were mostly just expected to follow British foreign policy and pay taxes.
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  114.  @alanrobertson9790  You are conflicting yourself. First, you claim that there is something inherit to these cultures that makes their governments fail, but when one mentions the negative effects colonialism had on the culture, you deny that culture matters. Also, having a foreign colonizer write your constitution and then leave you to have your first election is hardly the environment for a deep democratic tradition. Just look at the difference between the after effects of the American and French revolutions. America had state democracies for decades while France had the undemocratic three estates. America republicism thrived while the French turned to Napoleon.
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  115. Biden wants to take money from the working class to give $10,000 to college graduates who make six figures. Democrats want to tax the poor to pay the rich.
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  116. America has similar demographic issues, but the US isn't struggling as much as the EU.
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  117. De-dollarization is a myth. China is the only one capable of making it possible, but it would require the Communist Party to abandon capital controls, embrace the rule of law with an independent court system, and open their market to direct investment. None of this is remotely likely.
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  118.  @manjushagongale  A) Violent crime is lower per capita from immigrants than citizens B) Crime rates in autocracies are false as criminals, police, and politicians are all on the same team. C) Your antidotes are meaningless. Every city has slums that foreigners don't visit. For example, if a visitor never leaves Manhattan, then the US feels like the safest country on earth.
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  119.  @DarthAwar  Tarrifs don't apply to military equipment. Governments are the only customers, so if they want more domestic military equipment, then they give the contracts to themselves.
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  120.  @danilolabbate  There is evidence of murdered babies, and Hamas doesn't even deny it. They said children and the elderly aren't any different from IDF soldiers.
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  121. They do, but not to a big enough degree.
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  122.  @robertofernandez7773  Protectionism protects special interests over a country's overall economy. This is especially true as the EU and US aren't developing countries with infant industries and undeveloped infrastructure.
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  123.  @robertofernandez7773  So, the entire EU would have to suffer economic stagnation to protect inefficient Italian apple farmers and French car manufacturers?
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  124. America is heading down the same path with the Democrats having trillion dollar spending bills every few months. It is unstainable, but politicians and voters are to short-sighted too see it.
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  125. Latin American Populism is where greed meets stupidity. Blinded by greed and envy, voters want to free money and low taxes without worrying about the economic consequences of these poor policies.
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  126. Russia, yes. China, in transition.
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  127.  @Lord_technofascist_nepobaby  Tell me you don't understand economics while not saying you don't understand economics
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  128.  @ltfreeborn  Employers have to pay part of unemployment, so they don't like to fire people needlessly as it costs money. Also, unemployment typically only applies when you are laid off through no fault of your own. I have denied unemployment to fired employees who stole from the company and those who didn't show up to work without calling.
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  129. @sng1867  My neighbor in my apartment complex makes more money than me, but gets government benefits due to him not reporting most of his income. I had a good laugh when he didn't get approved for a home loan due to the bank not thinking he made a big enough income. Meanwhile, I just got pre-approved from the bank.
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  130. People use to misuse the term for any right-wing policies they don't like or as a label for parties that are xenophobic and have an authoritarian bent. However, parties in Hungary, Germany, Russia, France, and Italy are actually pushing for similar populist economic policies that is more aligned with historical fascism than traditional conservative economics that promote economic freedom and fiscal responsibility.
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  131.  @BaldAndCurious  Tesla wouldn't be Tesla without Elon's marketing, fundraising, and management. Your political bias can't ignore the facts.
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  132. A lack of transparency, no rule of law protections, and a political system that swings the economy based on the autocrat's whims is a scary place to invest in.
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  133. It depends if Hezbollah, Syria, or Iran enter the conflict.
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  134. All the stimulus checks and unconditional unemployment payments operated in 2020-2021 operated as bui, and it resulted in millions not showing up to work. For many people, if the government is going to pay their bills, then they will simply choose not to work.
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  135. There are corporations richer than most countries that fund this stuff all the time.
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  136.  @JamielDeAbrew  What nonsense are you talking about? Hardly anything is made custom even for the rich, so your whole point is irrelevant. In addition, most businesses including luxury products are intended to have a short shelf life, so consumers will have spend money on replacing them. The only thing that prevents this is competition that forces businesses to compete on durability. For example, the import of Asian cars to America forced America car makers to make their vehicles last longer in order to not lose sales. (This is true for standard and luxury cars).
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  137.  @JamielDeAbrew  You are arguing for a Marxist command economy where resources are distributed in the most efficient way by highly qualified economists. In practice, you get the failed economies of the Soviet Union, North Korea, and Cuba.
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  138.  @juanche978  No one said that they are the same. There are still markets in a sociolist system, but they are incredibly inefficient as supply and demand never get into equilibrium, and the lack of competition discentives higher productivity.
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  139. Muslim nations are terrible at economic policy. This is a shame as statistically Muslim immigrants are way more successful than the average American.
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  140. I'm more of an Astros fan
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  141.  @JamielDeAbrew  The majority of business executives don't trust workers to remain productive at home and they prefer the worker to be more easily accessible than a zoom call. The people making business decisions will not even factor in a second how much money this will save the government.
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  142. @slimjimnyc270  Get used to a Trump presidency of global democratic backsliding
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  143. Mama
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  144. "Anglo-Zionist" is a line used by those who view history through conspiratorial and anti-Semitic lenses. Historical facts and context don't matter unless it fits their hate-filled narrative of victimization.
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  145.  @bh4462  ?
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  146. Trump tax cuts, spending sprees, and tarrif hikes will destroy the US economy.
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  147. Venezuela 👀
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  148. How is AI supposed to predict trends or changes in consumer behavior? Computers only work with the data you give it, and there is no data from the future.
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  149.  @nietur  If it's not better than capitalism, then why bother making the change?
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  150. Buying Mexican
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  151.  @satriojumeneng7055  Near shoring and friend shoring. Invest is closer countries with less transportation costs than China, but a lower labor cost than Americans. Even if it costs a little bit more, it is better than accommodating China's unfair trade practices that hurt American manufacturing.
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  152.  @satriojumeneng7055  Moving China further down the value added chain while boosting the industrial base in Mexico, Vietnam, India, Mexico, and America is a good thing. Being dependent on China is a national security issue. We spend trillions on the military to protect our national security l, so why not millions on trade to protect our national security?
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  153.  @satriojumeneng7055  Obviously, you don't understand what value-added aspects of the supply chain are: Mining, lowest profit Turning ore into steel, low profit Turning steel into basic parts, good profit Turning parts into cars and fridges, highest profit Mexico is taking part in the most profitable part of the supply chain. Mexico will also use this money to buy American goods, unlike China, whose unfair trade practices prevent imports.
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  154. Hindu nationalism, caste discrimination. red tape, and protectionism are still holding back the world's biggest democracy.
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  155. How are we are going to terraform Mars if we can't even manage our own planet's climate?
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  156. Quality of life is improving. It just doesn't feel that way because social media tricks people into thinking everyone else is richer, happier, and has more friends.
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  157.  @Lando-kx6so  Yes. Food, for example, has become so cheap that obesity is more of an issue than hunger. You also have things considered luxuries for the rich are now common place even among the poor: smart phones, cars, televisions in multiple rooms, personal computers, etc. Thing most Americans have seem unimpressive because Americans only compare themselves with other modern Americans.
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  158.  @dhuryodhankaurav8487  Trump's legacy is whatever he gaslights the people into believing. Why not steal if the people are going to believe he is draining the swamp regardless of the evidence?
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  159. Until liberals start taxing savings plans to raise money for people who didn't save.
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  160. Who is going to build these homes upward when you are restricting investments in those projects?
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  161.  @matthewshields  They aren't unrelated. Companies will be less willing/able to build more when the government restricts the number of buyers.
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  162.  @irisheyes1034  Brexit
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  163. @Shubham Mishra  Upzoning means forcing neighborhoods to become apartments/condos that have multiple price points. That means have low cost rooms on the first floor to a penthouse on the top floor. This would also prevent concentrated poverty. The poor complain about having to use alternative entrances, but generally agree they are better off than living in the projects. The rich are also unhappy about living next to "those people", but no one cares what those Karens have to say.
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  164. According to John McCain, Russia is “A gas station run by a mafia that is masquerading as a country.” Probably the best characterization of the kleptocracy.
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  165. ​ @twinmama42  It sounds like government officials and lobbyists are deciding winners and losers in your economy. With the right donations, your high sugar drink with 5% juice can be reclassified as healthy and taxed at a lower rate than competitors. Due to it being a value-added tax instead of a sales tax, the taxpayers/consumers won't ever know what game the politicians are playing.
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  166. Science fiction often has gaint mega-corporations acting as governments. Its funny because they are essentially Communist governments with the bureaucrats being more honest about their intentions to enrich the elites.
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  167. ⚽️ 🤢🤮
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  168. Trump is just upset that people were talking about Carter instead of him. Textbook narcissist.
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  169. Intellectual property theft is also great way to save on R&D costs. India steals medical IP, while China steals everything else. The lack of respect for IP prevents trade deals with India and China.
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  170. So is every trade deal. That why nations negotiate.
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  171. The classic "blame immigrants" trope. You would think after WW2, Europeans would have learned not to listen to scapegoating conspiracies. Young immigrants contribute more to the economy, while a growing population of native retirees is draining the country dry.
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  172.  @benenivel1478  The classic "blame immigrant tropes". Young immigrant workers contribute to the economy, while old native retirees drain it dry.
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  173.  @MarketsDriveTheWorld  I don't know about fascism, but Trump definitely believes in authoritarianism. Praises autocrats. Talks about blood purity. Tried to overturn the election. Demands to disregard the Constitution. Calls the media "enemy of the people," proposes locking up his political rivals on fake charges, thinks the court system shouldn't apply to him, etc.
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  174.  @Historia.Magistra.Vitae.  Did you not watch the video? Private businessmen were getting rich on the war economy and stealing the assets of je wish businesses.
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  175.  @Historia.Magistra.Vitae.  I bet you don't even know what socialism is because you have been brainwashed to use it as a buzzword for things you don't like.
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  176.  @Historia.Magistra.Vitae.  Being a party member to get lucrative government contracts is textbook crony capitalism. That isn't socialism because the government didn't own or run the factory. They used taxpayer dollars to pay their rich friends to help them accumulate wealth. Each comment you make reveals more of your ignorance.
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  177.  @Feefa99  Socialism is an economic and political system based on collective, common, or public ownership of the means of production It is owned by friends of the elite and not the government.
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  178.  @Historia.Magistra.Vitae.  Socialism is an economic and political system based on collective, common, or public ownership of the means of production It is owned by friends of the elite and not the government.
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  179.  @Feefa99  The Communists in the Soviet Union, Cuba, and China have practically banned trade unions. They are still socialist, because the government owns and runs the factories.
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  180. Liberals: Facts be damned
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  181. Japanese companies build thousands of cars in America every year. In addition, there are more restrictions exporting cars to Japan than the other way around.
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  182. The younger generations are the ones who have abandoned work-life balance. Despite what they claim, boomers aren't the ones putting in longer hours.
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  183. Dutch disease isn't unique to the middle east. The difference is that instead of funding liberal arts majors, the state funds theology.
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  184. ​​ @KokoHekmatyarr China is running out of buyers. No one wants to deal with Chinese dumping, and the few countries who do, aren't buying EV cars. The obvious solution is to stop suppressing Chinese worker wages, but this would give too much power to the people instead of Communist oligarchs who own all the exporting factories.
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  185.  @andrewnelson4148  American oil consumption is lower than what domestic drilling produces. Mexico, Canada, and a few other nations send their oil to America for refining oil sands and other thick crudes can't be refined in many places outside of Houston. This refined oil can then be exported outside of the US as a value-added product.
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  186. 🤣🤣🤣🤣 It not "humanity". It's supply and demand. During the upcoming recession, the market will swing in favor of job creators and away from workers. With savings dried up and unemployment high, no one is going to care about arbitrary "living wages" or work at home life-balance. People will just take whatever is offered to them.
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  187.  @kingnaga619  Unions have resulted in a decrease demand for American labor and that is why traditional Union jobs went overseas where the price for productivity is cheaper. Liberals think they can ignore market forces, but that isn't how the economy works.
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  188. You know it is a bad economic policy when Latin America endorses it.
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  189.  @phyjcb  Confederacies don't work. The EU should be a federal republic.
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  190. Capitalism is the worst economic system, except for all those others that have been tried
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  191.  @ethandouro4334  Facist governments tried that. It doesn't work.
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  192.  @pebblepod30  You are an example of "not understanding statistics." Housing prices rising doesn"t affect GDP as price speculation doesn't produce an output. House building is a positive in GDP, but liberal zoning policies have prevented more homes from being built.
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  193.  @scottdavis3571  If "anyone" can develop a market niche by throwing money at an issue, then why are some of the biggest companies only a few decades old? By your logic, the dominant companies simply be the established companies with the most money instead of companies with innovation and good business sense.
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  194. BS. Trump doesn't want these non white people having voting rights. It is why he is against Puerto Rico and Washington DC getting voting rights.
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  195. Just make the benefits conditional on looking for work. Biden decided he was just going to pay people more to be unemployed than working, and he removed the condition of looking for new employment. The consequences were obvious.
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  196. Millions move out of Russia as millions move to America. Why? Because people leave s*** countries for prosperous ones.
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  197.  @CollapsingRealities  They want to be paid like doctors, work thirty hours, get 30 days of vacation, retire at 60, and then wonder why GDP growth can't keep up with America and Asia.
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  198.  @CollapsingRealities  Everyone would love to make hundreds of thousands of Euros/year to work 30 hours/week and retire at 55. However, EU workers don't produce enough productivity to make that affordable. Economic realities don't care about your feelings.
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  199.  @CollapsingRealities  Economic realities don't care about your feelings.
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  200.  @santostv.  Crybabies that have to work more than 35 hours, the month of August, and past the age of 60. Meanwhile, the rest of the world also has high property values and cost of living.
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  201.  @santostv.  On average, Americans work 1,811 hours per year, according to data from the OECD, a club of mostly rich countries. That is 15% more than in the EU, where the average is 1,571 hours.
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  202.  @santostv.  Nice try. The EU is still less productive than the US.
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  203.  @FairWorld11  Did you also not watch the video before commenting?
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  204. It is strange to think China's debt trap investments have been better for Africa than Western aid.
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  205. How is AI supposed to predict trends or changes in consumer behavior? Computers only work with the data you give it, and there is no data from the future. Supply and demand is the most efficient process even to the Communist.
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  206. China is no longet buying cars, because Xi has made them unaffordable to the average citizen.
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  207.  @alanrobertson9790  Your whole premise is false as it has been established that the British weren't uniform in their governing of their colonies. The British weren't even uniform in the same colony as different colonial governors could have vastly different policies towards their subjects than their predecessors. The success of colonies can be directly linked to the quality of their institutions and not your racist beliefs that these non European are inheritly lesser.
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  208. India is also turning discounted Russian crude oil into diesel and then exporting to Russian customers. This is robbing Russia of one of their value-adding industries.
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  209. ​ @tsubadaikhan6332 I think Putin is willing to break even on oil if he has to, because mass unemployment in the oil industry could threaten his regime.
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  210. Governments don't actually want homes to be affordable. They want to artificially restrict the availability of homes in order to increase the wealth of boomers at the expense of younger, first time buyers.
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  211. Grant criticizes Putin. Breaking News: YouTuber has committed suicide with two gun shots to the head
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  212.  @CMVBrielman  The US brings in immigrants to solve it demographic problem. As long as young immigrants are brought into the country, then there shouldn't be a demographic issue. Only places where immigrants don't want to go like Russia or places where immigrants are unwelcome like Japan and China are truly in trouble of a demographic crisis.
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  213.  @JamielDeAbrew  Tax cuts as stimulus was during Obama. Not recently.
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  214. Competition is good. Shouldn't European goods be able to win the bigger American market without trade barriers interfering?
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  215.  @dragonhero14  The user is named "JJFrance." I didn't think explaining how American exceptionalism would lead Europe to having cheaper, higher quality goods would be a good selling point.
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  216.  @dragonhero14  The user is named "JJFrance." I didn't think explaining how American exceptionalism would lead Europe to having cheaper, higher quality goods would be a good selling point.
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  217. Larry King is aging well.
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  218.  @runajain5773  I don't know much about ethnic conflict in India, but ya'll bring your prejudices to America. It is backward how you guys refuse to associate with each other is a secular country over petty religious differences.
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  219.  @Ausplainer  Tell me, how many term limits did Putin and Erdoğan originally have.
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  220. @jimsdeadmilton1899  Putin only had two terms starting in the 90s. With election interfere, court stacking, and arresting of the opposition, those term limits became meaningless. Trump already tried to overturn the election, he will have 7 of 9 Supreme Court Justices in his pocket, and he has threatened to arrest the "enemy within" multiple times.
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  221.  @jimsdeadmilton1899  anything else I need to dumb down for you?
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  222. Venezuela-light
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  223. More Russia than China. Xi hasn't completely shifted over to state capitalism yet.
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  224. In a kleptocracy, the only way to wealth is access to the government coffers and state resources. Putin runs the government like a business with very few shareholders.
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  225. Not really. The EU blocked every free trade negotiation until 2016 when Trump reversed American principles amd started doing the same.
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  226. More Trump Sanewashing
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  227. Most money is digital anyway.
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  228.  @caleblee1780  You act like Trump is a forward thinker. He like bilateral agreements because they are simpler (less boring), and because he has a narcissistic belief that through his "genius" and "charm" to make a lopsided deal in his favor through one-on-one talks.
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  229. You have to be the worst investor alive if your 401k is losing money.
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  230. Do you even know what hyperinflation is?
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  231. VAT is also a great way to get the lower and middle class to actually contribute to tax revenue instead of over relying on the highest earners.
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  232. It sorta was about Trump. There was some anxiety that a close Harris win could result in MAGA domestic terrorism across the country. Basically, Jan 6 on steroids.
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  233. To be fair, the market was worried about MAGA terrorism if Harris won. It would have been Jan 6 on steroids.
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  234. It's hysterical that Europeans pretend they aren't poor.
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  235.  @ShubhamMishrabro  So you are saying socialists politicians understand economics, but they lie about it to serve their agenda?
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  236. Trump's economic policy is like Trump's plan to get Mexico to pay for a wall. Zero thought went into it.
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  237. That is the law in the US, but Biden removed that requirement because progressives find working for money to be demeaning.
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  238.  @sockhal4595  Why do you need someone else to find you a job?
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  239. That is a negative spin on taking risk on new innovations
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  240. To a point. The vaccine was available to everyone for the better part of 2021, and millions still chose not to get a job due to the government paying them not to. However, Biden removed the condition of looking for work.
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  241. Didn't you guys say Biden would destroy the stock market four years ago?
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  242. Most of Trump wealth will be tied to how much money you can launder through Truth Social. Expect big ad buys from Gazprom and Aramco.
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  243.  @AYTM1200  You are ignoring how politicians tried to save jobs losses from the crash with tariffs. This caused a trade war that exports and imports to decline and overall more job losses.
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  244. +1000 social credit score to the Visual team
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  245. Cigarette and liquor sales skyrocketed after the covid checks were cashed.
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  246.  @bungaumihai3589  Just look at the correlation between purchases of bitcoin and the issuing of stimulus checks. You are naive if you assume government payouts are beneficial.
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  247. China and India still use five year plans. Long term planning and setting goals makes more sense than arguing over the budget every year.
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  248.  @nietur  If you price too high, then there is a surplus that they can't sell. If you price it too low, then there are shortages and people waiting in line for its availability. In a market economy, the prices move with supply and demand. Command economies have to guess, which is difficult to do down the whole supply chain.
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  249.  @nietur  It's not that simple as adjustments need to be made all the way through the supply chain in a command economy as everything is based on five year plans. Plus, it gets even more confusing when the Soviet Union tries to trade with other communist countries.
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  250.  @nietur  How do you organize an economy without a plan? The free market won't be doing it.
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  251.  @nietur  Yes. But when demand changes, businesses can change suppliers, buy from additional suppliers, fire employees, etc. Command economies don't have any outside businesses to rely on, and they can't just fire people.
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  252.  @nietur  Have you seen Cuba? They don't fire anyone. They will have three employees working an empty restaurant.
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  253. *Wealth taxes destroy economies and just creates more tax evasion *Covid stimulus checks was a form of universal income and it was a disaster.
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  254.  @james1635  That is because you are ignorant of economics. Japan and China actually have a deflation issue. Most central banks have a goal of low inflation as it encourages spending and investing. Only when governments mismanage their fiscal and monetary policies does high inflation become an issue.
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  255.  @james1635  You said, "truly stopped inflation." (Don't edit it now). Inflation isn't something to solve. 2% to 3% inflation is the goal, and historically, many countries hit that goal. To imply that high inflation is inevitable is "truly" dishonest or "truly" ignorant.
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  256. Socialism: The state controls the means of production through elections Marxism: The state controls the means of production through violent revolution and then have elections Communism: The state controls the means of production through violent revolution and the state should be controlled solely by the party
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  257. There is no free trade deal with China. China is super protectionist.
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  258. ​ @FlamingBasketballClub  Give me a good faith argument that NATO countries are moving to a war economy.
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  259.  @Grazingoat  i think GDP growth is inflation adjusted
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  260.  @Grazingoat  GDP (Y) is the sum of consumption (C), investment (I), government Expenditures (G) and net exports (X – M).
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  261. That is a lie politicians always tell, so voters think they can have their cake and eat it too. The National Rally said they can increase spending, cut taxes, and pay for it with the magical ability to find and cut billions of Euro of waste that no other government could address.
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  262.  @luohao2321  What are you talking about? To be publicly traded on the stock market as an American company, you have to open your books to the public and get your company audited by a third party. Meanwhile, China makes financial details of their companies classified by the state.
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