Mother of All Financial Crashes, page-22

  1. 8,067 Posts.
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    If you disagree with greed, you disagree with the efficient market hypothesis, where resources (labour and capital) are reallocated away from unprofitable businesses into businesses that are profitable.

    Ignoring greed, ignoring the free market results in situations like what occurs in many socialist economies where unprofitable, inefficient businesses are kept running by government intervention.
    This is the path that Australia is on, Albo has made this worse, it is very difficult to operate a business in Australia unless you have the backing of the Australian Government, this is how politicians extract their wealth via lobbysts and cushy jobs after office.

    People like you unwittingly support this crony capitalism because you have been brainwashed to think greed is bad. Stop posting your uneducated opinion on these topics.
 
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