Can we afford the capitalist system?

[assari]

National debt per person:

Canada $45.454

Finland $29.930

France $42.454

Sweden $25.155

Japan $99.725 :1orglaugh

United States $58. 604

Norway $34.910

United Kingdom $39.938


For comparison:

Cuba $2.199

China $ 1.489

Vietnam $1.042

 

[xfire]

What are the average wages in Cuba, China, and Vietnam?

 

[horn_dog]

National debt per person:

Canada $45.454

Finland $29.930

France $42.454

Sweden $25.155

Japan $99.725 :1orglaugh

United States $58. 604

Norway $34.910

United Kingdom $39.938


For comparison:

Cuba $2.199

China $ 1.489

Vietnam $1.042

Real capitalism has got little to do with the countries you listed. All I see is fascist and socialist welfare states.
It'd be great if we did try REAL capitalism for once.

 

[assari]

What are the average wages in Cuba, China, and Vietnam?

Cuba : $20 /per month :1orglaugh

China : $568 /per month

Vietnam : $185 /per month

Real capitalism has got little to do with the countries you listed. All I see is fascist and socialist welfare states.
It'd be great if we did try REAL capitalism for once.

Maybe there is no true capitalistic country, but those mentioned represent the capitalistic system.

 

[mikexmoran]

I'm assuming that the intent of this thread is to say that capitalism and the debt listed is bad or makes those countries listed with the higher debt bad.

Would you rather live in one of the countries on the top or the bottom?

 

[horn_dog]

Would you rather live in one of the countries on the top or the bottom?

You know, Vietnam is not that bad. In a couple of years, as the living standards fall in the west and SE Asian countries like Vietnam continue to develop, living there will be more appealing.

 

[BusterLoads]

Eventually the system is going to crash in on itself. I just hope I'm alive long enough to see it.

 

[assari]

I'm assuming that the intent of this thread is to say that capitalism and the debt listed is bad or makes those countries listed with the higher debt bad.

Would you rather live in one of the countries on the top or the bottom?

I rather live in Finland than China.

Debt causes unemployment and unemplyment causes more debt.

Eventually the system is going to crash in on itself. I just hope I'm alive long enough to see it.

The huge burden of debt is a sign that the capitalist system does not work.

Modern capitalism causes : Jobs goes to overseas, small investors suffers and large funds dominate everything everywhere.

 

[mikexmoran]

I rather live in Finland than China.

Debt causes unemployment and unemplyment causes more debt.
.

So you picked one from each bucket. Your choice doesn't support an argument. That is ok, its your choice, but doesn't seem to have an impact on this thread.
I would not entirely agree with your economic theory. There may be a supportable argument in the few words, but I would grade it an "F" as is.

 

[BusterLoads]

the huge burden of debt is a sign that the capitalist system does not work.

Modern capitalism causes : Jobs goes to overseas, small investors suffers and large funds dominate everything everywhere.

qft.

 

[Will E Worm]

Real Capitalism works.


What you see now is a corporate oligarchy.