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buddermonger2000
Economics Explained
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Comments by "buddermonger2000" (@buddermonger2000) on "1 Year Later: How Has Argentina Been Going?" video.
@ZeroGravitas187 The US actually has a fair bit it can privatize if it wants. Ultimately, the cost of living crisis is mostly limited to the cities and driven primarily by cost of housing, something the government is historically pretty bad at managing. There's also a question of how long the cost of living crisis has been around, and the answer is less than 10 years and globally relevant (every developed country and many developing countries are having a cost of living crisis). Thus, this argument falls pretty flat. Not to mention, the medical costs aren't the reason for the cost of living crisis.
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@johnmarks227 He claimed it was "for decades" and we're clearly discussing about today. Especially relevant given during the great depression that no governments had as much funding or as many duties as they have today. This was something only created in the post-WWII paradigm. Go back to school and learn reading comprehension and then history.
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@johnmarks227 Do you know the average government spending to GDP ratio for most of the world in the 1930s? Because i have a graph that tracks from 1910 into 1960 for most major combatants and can easily find data for the rest.
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@cyrilmrazek6649 West Germany got 14 billion in 2019 dollars. Italy got as much, and the Netherlands almost as much. France and the UK each got double. Frankly, West Germany didn't get a lot out of the Marshall plan. Not to mention Europe as a whole only had about 10% imports and attracted little capital influx, including Germany suffering capital loss. Thus, it mostly had to rebuild manually.
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