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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