The problem with Socialism is that you eventually run out of...

  1. pugsley100
    14,237 Posts.
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    09/04/24
    09:51
    Post #: 73252532
    The problem with Socialism is that you eventually run out of other peoples money

    We saw not that long ago what can happen when capitalism fails, (due to relaxed oversight), GFC style.

    When the modern version of capitalism failed, we had bailouts, after profits had been privatised but losses socialised.
    That caused ructions that are still reverberating through society.


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