Comments by "IIIRattleHeadIII" (@badass6300) on "A (Brief) 2,000 Year History Of Economic Collapses" video.

Yep, loans/debt should be illegal and so should public stocks.
2
@domninin No they just changed the definition. People now can't afford homes, cars and groceries, yet the economy is "booming" and "doing great"... Purchasing power is what matters not the GDP...
1
@domninin Exactly, the state of the economy should be measured based on how well people live, not how much product is being created, let alone GDP. Also what were the policies that made this possible, I can't find them. I'm too young and not even in the USA, but I'm sure the same type of policies became the norm in Europe too and I don't know how it was before and after those policies were enacted, because I don't know what changed. Also didn't it start in the 70s?
1
@domninin The problem with taxes is that the governments are just as bad as companies 9/10 times. Once in a while you get good rulers, but the rest of the time they are just thieves. In my opinion all the fees and taxes kill small businesses, while big ones can afford them. New small businesses can't compete with mega corporations anymore.
1
@domninin There were studies done, next to no monopolies, duopolies or oligopolies have existed without the help of one or multiple governments. They wouldn't exist if the governments didn't make them as big. And ask any small business how much all the regulations, fees and taxes screws them over. Also we don't have capitalism. Private companies working with the government(s) for their mutual benefit while oppressing the masses is called fascism. And mega corporations going down is good in the long term as it creates more competition.
1