Comments by "John Burns" (@johnburns4017) on "Doug DeMuro"
channel.
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+Daniel Liston
I don't need lecture on Capitalism, Communism and any other ism by an amateur. Thank You.
"America’s inequality has grown enormously over the past 35 years, to the point where the upper 1% receives more than a fifth of all the nation’s income. Wealth inequality is even greater: the top 1% own about 42% of the wealth, and the top 0.1% alone own 22%. And while the share of income garnered by the top 1% has doubled in the last third of a century, the share going to the top 0.1% has increased even more, going up nearly threefold as of 2013."
- Joseph Stigliz (US economist)
"There is a simple resolution to these conundrums. Much of the increase in wealth has little to do with savings in the usual sense. Rather it is the result of capital gains - especially the increased value of land - and an increase in the capitalized value of other rents."
- Joseph Stiglitz
_"The value of land today is largely dependent on its expected value tomorrow, ad infinitum. This means that land prices are largely untethered. Rising expectations can, at least for a while, be self-fulfilling. ►Land bubbles◄ have marked capitalism from its early days, and we have been going through just the latest instance."
- Joseph Stiglitz
The world's biggest selling book, after the bible, was ►Progress and Poverty◄ by US economist Henry George. It has been air-brushed from history. Ever wondered why? Read the book. All the confusion in your head will dissipate once you understand it.
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Let's see, this guy on other vids say his daily drive is a Land Rover Defender and this one, the Range Rover. Wow two cars in one day. So, he drive a 22 year old Defender, which is no longer made - so safe there, as it is not threatening the US market.
He gives the impression he loves Land Rovers. He has a Range Rover saying is it wonderful, in looks, desirability, luxury, etc, to any USA SUV, which it is. This is all gloss to the real motive.
So, how can you get at castigating this car making inroads into the US SUV market? A car that created the genre fifty years ago. You can only go on reliability. He is easy to see through, not that clever - most certainly paid to spout this stuff. Then a plethora of Americans cheer him on, with liberal insults.
Strange that these cars are only unreliable in the USA. Must be the air of course.
I await more of the paid American trolls to descend on this vid, extolling how unreliable Range Rovers are. The US car industry must be desperate to drop to these levels.
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