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

Oh no... The economy won't keep growing for the sake of growth to make the shareholders richer... What a disaster...
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Here's an idea: How about not running healthcare and education for profit, but instead view it as an investment in the well being of society? Has anyone ever wondered whether the sewage system, bridges, the police or the military doesn't turn a profit? Because they're not supposed to... They're essential services, not commodities in a market.
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Did you somehow become less informed with age? Or did you (like most people with age) grow a portfolio and started caring more about your own interests than the common good?
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Because WW2 ironically built up the American middle class. Also, after the New Deal marginal tax rates for top income and capital gains were as high as they should be.
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Reagan, his policies and legacy is one of the largest causes of human suffering and death during the 20th century (and with ramifications far into the 21st century). Yes, that includes the worst of the worst dictators measured by outcome, not intent.
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This channel is extremely poor in objective analysis and providing unbiased information. Unsubbing.
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@xiphoid2011 In terms of average outcome - governments are indeed more efficient when it comes to education and healthcare. Look at your average socialised European country and compare it to eg the US. It's not even a contest, buddy. The myth of private efficiency is based on the fact that private companies 1) Don't publicise their wasted spending 2) Can cut costs without any wider economical consequences as they have no social responsibilities and 3) Can simply transfer the increased costs to the consumer Of course there's public bureaucracy and waste, but that's a matter of scale. Every large corporation has tons of inefficiency, the same as any public department.
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The west isn't determined to "stop Putin at any cost". That would mean secondary sanctions on India and China and massively increased financial and military support short of declaring war. The West is trying to stop Putin at "a reasonable cost" which unfortunately doesn't factor in Ukrainian misery, lives and property lost...
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Bot comments.
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Nope. I mean it's fine to inform about it, but it's complete BS to expect the US to default. A bit clickbaity video to be honest...
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Spot on.
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"demographic collapse" is a bullshit nomer in rich, developed countries. A third of "service" jobs can be removed tomorrow and no one would even notice. We need more people in essential jobs - teaching, nursing, social care for the future, not just "more young people". How have we become x10-20 times more efficient per worker and yet the average person has to eke out a living? The entire financial and job market structure needs a desperate overhaul to make it possible for people in their 20s and 30s to make time and have enough income to start a family. Let's start by properly taxing people who have more than they'll ever need in 100 lifetimes.
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Yeah, sure, for the minute group that can either make daddy pay for a new library, oh..sorry uhm "legacy" admissions or manage to get scholarships, they're great. Now compare it to the general level and quality of education for the amount of money spent. It's exactly like the healthcare system: Far more expensive and with vastly worse average outcomes as a measure of GDP.
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The US values investing in education? Not for half a decade, mate. You might have some of the best universities, but your level and quality of general education is atrocious.
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@PapaDragonTV That's simply not true. Many companies would love to privatise sewers, security, water services etc. In some instances they already are privatised with calamitous consequences for the citizens...
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Well, they didn't do it out of the goodness of their hearts, if that's what you were thinking. It was a strategy that mostly ended in a win-win for Europe and what is now their masters in D.C.
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The Chinese economy has arguably been cooling down since before Covid. Both the US and China have inflated their GDP growth stats, but China has the added problem of GDP growth for about 80 million unused/unfinished housing units (!) which haven't added any value to the economy beyond the initial investment, and have been largely covered by unfinanced low interest loans.
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It didn't change shit. As intended. 10 years later, the US still has the the most expensive and yet the worst healthcare system out of all developed countries.
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You found that out just now? Economics is at its core mathematics + behaviour. Unfortunately Economists are opportunists, liars, moron ideologues or all the above. Go figure.
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Good. Greed, corruption and actively screwing over their fellow Europeans in service of immoral corporate giants. Can't say I'm saddened by that.
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Yeah, sure. It won't really change anything: Basically (Hindu) Extremist nationalists in charge of a society where human life has absolutely no value. India has never been a good place to live if your economic status is decided randomly.
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@Mastercane98 That's just objectively untrue. And I don't appreciate the straw man, either. Wealth is during the most prosperous periods in human history being in a shocking rate more and more skewed towards the wealthiest in society. Not only are the richest becoming richer. The poor are provably becoming poorer and there are more of them despite record wealth generation in countries like the UK and the US. That's your Thacher and Reagan right there, buddy... Explanation? Austerity for the poorest. Socialised welfare for the wealthiest and their corporations. Any person with more than what they can spend in a hundred life times should be taxed to the gills.
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No bigger gangsters out there than the US and the billionaires in control, mate. The only difference is that they've made it legal for themselves to rob and kill people.
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Soft colonialism: Backed by excuses for military or political intervention that could facilitate the continued plunder of resources of former colonies
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I resent the premise of the question. It's a loaded phrase that lumps in every country as "muslim" instead of looking at regional history, geopolitics and natural resources. Would you make the this video "Why are all Latino Catholic countries poorer"? Hell no...
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