Left wing Keynesian economics failing

  1. 22,474 Posts.
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    I've said for years this game being played by govts and their central bankers will ultimately lead to devastation as big or bigger than the Great Depression.  Govts are running some weird hybrid model of capitalism/socialism, it can't work.  

    Real capitalism doesn't include govts bailing out bad companies. Bad companies should fail and new better companies replace them, this is how economies/countries grow stronger, the current model of govts propping up bad business is creating weakness, it's kicking the can down the road to avoid some pain now that will eventually result in a whole lot more pain when it finally blows up.

    The same can be said about govts propping up crappy people, if someone refuses to support themselves, why should anyone else be required to support them?

    As always, govt IS the problem

 
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