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replied 2306d
The less money you have, the less you can save, at some point you can't save any money, just look at US population, 1/2 don't have ANY savings.
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replied 2306d
and the less you can lose.
replied 2306d
Its just unbelievable how people like you can keep coming up with some crap replies. You dont understand many things.
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replied 2306d
so if you have more money you are guaranteed greater returns? or not? in a free market nothing is guaranteed. Inb4 examples of people using the government to ensure their monopolies.
replied 2305d
Its beside the point that businesses do go bust, workers also get out of job, works both ways. Point being is that Capitalist system works for the capitalist only.
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replied 2305d
capitalist invests $10M, goes bust, loses $10M. worker walked into factory, is handed a job, invests $0. goes bust, walks away, not on the hook for anything. seems fair, no?
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replied 2306d
The reason people don’t have savings, isn’t because they “can’t save money”. It’s because inflationary monetary policy and debt slavery gives no incentive to save.
replied 2306d
No, that is unrelated. This has to do with people having no money LEFT to save from living expenses.
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replied 2305d
With inflationary policy, credit is easy; people borrow what they cannot afford. They don't plan for their future. Look at the debt figures for households in the US. Student loans, etc
replied 2305d
America is a disgrace is every aspect
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replied 2305d
Says the guy using the internet, on his smartphone. Just remember the problems in US don’t define its people. Most people are good people, governments are the real problem.
replied 2305d
And its because the people allow them to be like this. US government has been attacking others for decades & American people don't do shit about it. You deserve the government you have
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replied 2305d
Our descent into tyranny has been a long process. Central banking enabled government expansion & created a giant monopoly of power. Blame the elite psychopaths not the people.
replied 2305d
So your solution is what? People should not study? Get real. Education was for free in Yugoslavia which is why we had much better educated population. US has worst educated population.
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replied 2305d
Before 1998 there was no such thing as a student loan. People would work for their higher education. Some still do. College nowadays is baby sitting for adults, not education.
replied 2305d
Its just brainwashing, no education on society or thinking, "education" system in capitalism is based on training for a job, nothing more. If you lived outside US you would see this.
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replied 2305d
“Education” nowadays is a laundry list of useless degrees. Millions of students learning nothing more than how to be good slaves and how to better worship slave masters.
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replied 2306d
true no incentive to save. though people also seem to have this thought that the gov will just take care of them so they can take out high interest loans for jet skis & vacations.
replied 2306d
Exactly right. Most people in the US put owning toys and quick pleasures before ensuring financial future. The Fed teaches people bad habits. Just look at the natl debt.
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replied 2306d
true. that & no expectation of personal responsibility anymore.
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replied 2306d
The example is set by our masters. “If they don’t accept personal responsibility, why should we?”


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