Comments by "Joey" (@Joey-ct8bm) on "Pyotr Kurzin | Geopolitics" channel.

You do not need to be a macroeconomist to come to that conclusion.
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@julians7268 BRICS doesn't have it's own currency. It's a paper tiger. The EU has the Euro.
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@Catbreath1000 Macroeconomist in communism? You work for the state in communism. They don't need macroeconomists. Try to tell Kim Jung Un he's doing his finances of the country wrong as a macroeconomist. You'll be executed that day. North Korea is the only country with 0% income tax by the way and the old communist China before 1980. Not so great. China became rich implementing a tax system like in Capitalism, started taking shareholders and their GDP took off from 192 billion dollars to what it is now. They did this in 45 years. Pretty impressive. Taxes work. Biggest lie ever told is that communism has high taxes. When the Soviet Union had a 10% income tax in the 1960s, the US highest bracket had 91%. Communism usually has one tax rate. Cuba, Russia, Hungary(communist/very socialist country) and Venezuela have a flat tax rate. Hungary is basically the same as Russia, but nobody flies out of a window in Hungary.
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