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

  1.  @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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  2.  @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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  3.  @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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  4. Brexit killed the economy. Not spending cuts.
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  5. 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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  6. Sanewashing
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  7. 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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  8.  @_TheWorldCitizen_  Not directly quoting Churchill, but I did plagiarize his sentence structure, because the point still applies.
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  9.  @scottdavis3571  Clearly, you are intellectually bankrupt to ignore how entrepreneurs are the ones building innovation.
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  10. The socialist might as well outlaw poverty.
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  11. 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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  12.  @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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  13.  @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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  14.  @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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  15. 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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  16. America has similar demographic issues, but the US isn't struggling as much as the EU.
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  17. 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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  18.  @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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  19.  @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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  20.  @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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  21. They do, but not to a big enough degree.
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  22.  @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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  23.  @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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  24. 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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  25. 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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  26. Russia, yes. China, in transition.
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  27.  @Lord_technofascist_nepobaby  Tell me you don't understand economics while not saying you don't understand economics
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  28.  @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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  29. @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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  30. 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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  31.  @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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  32. 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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  33. It depends if Hezbollah, Syria, or Iran enter the conflict.
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  34. 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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  35. There are corporations richer than most countries that fund this stuff all the time.
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  36.  @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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  37.  @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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  38.  @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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  39. 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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  40. I'm more of an Astros fan
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  41.  @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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  42. @slimjimnyc270  Get used to a Trump presidency of global democratic backsliding
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  43. Mama
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  44. "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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  45.  @bh4462  ?
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  46. Trump tax cuts, spending sprees, and tarrif hikes will destroy the US economy.
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  47. Venezuela 👀
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  48. 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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  49.  @nietur  If it's not better than capitalism, then why bother making the change?
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  50. Buying Mexican
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