Comments by "Luredreier" (@Luredreier) on "We're Going to Have Another Great Depression." video.

  1. 8:51 Not really true. The USSR failed because of its antagonistic relationship with the western world who cooperated with among others middle eastern nations in sabotaging the income sources of the USSR. The economy of the USSR would have failed even if it was capitalist due to this antagonism. Also, too much was being asked of what was still a smaller economy then the west. The USSR and DDR and the other eastern block nations where still limited in economic capabilities after the second world war due to starting out as mostly agricultural economies that was further damaged to a large degree by the second world war, a war faught on the soil of the eastern block nations. This also didn't exactly help the eastern block nations demographically... And I suspect that there probably was quite a bit of mental health problems after such a traumatic war too... The percentages of the population lost in the eastern block nations makes western losses seem trivial by comparison. As for the assumtion that the Euro isn't competitive with the Dollar, well it seems like a lot of people dissagree with you there... Because it's growing in importance.
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