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Thread: Global capitalist policies are failing

  1. #1
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    Default Global capitalist policies are failing

    DUBLIN ? The collapse of the housing bubble in the United States is mutating into a global phenomenon, with real estate prices swooning from the Irish countryside and the Spanish coast to Baltic seaports and even parts of northern India.

    http://www.nytimes.com/2008/04/14/bu...hp&oref=slogin

  2. #2
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    Default Re: Global capitalist policies are failing

    Big, real estate is a cyclical investment, but if you look past all the historic down cycles, its the best investment you can make, no matter where the property sits.

  3. #3

    Default Re: Global capitalist policies are failing

    Big is under the illusion that there will be worldwide chaos and that the people will rise up and DEMAND communism and then being such a stalwart of that failed disorder he will become a Commisar or something similar and take over some rich guys house and car and be important.

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    Default Re: Global capitalist policies are failing

    Quote Originally Posted by Tight-Waist View Post
    Big is under the illusion that there will be worldwide chaos and that the people will rise up and DEMAND communism and then being such a stalwart of that failed disorder he will become a Commisar or something similar and take over some rich guys house and car and be important.

    I get enough pleasure just laughing at people like you that think your American miracle is something of long term and doesn't have disasterous consequences.

  5. #5

    Default Re: Global capitalist policies are failing

    I've always wondered.....why aren't citizens of communist countries simply allowed to say "No thanks, I'd rather have freedom" and walk across the border? If the communist method of governing is so great, why must people people be forced to stay in these countries? And if capitalism is so flawed, why don't we hear of more people leaving the US to live in Cuba?

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    Default Re: Global capitalist policies are failing

    Quote Originally Posted by jroback View Post
    I've always wondered.....why aren't citizens of communist countries simply allowed to say "No thanks, I'd rather have freedom" and walk across the border? If the communist method of governing is so great, why must people people be forced to stay in these countries? And if capitalism is so flawed, why don't we hear of more people leaving the US to live in Cuba?
    May I remind you that there is no communism in Mexico or Africa and yet people are still trying to come to America.

    In Soviet Union everyone tried to come to big cities to live and work. It has nothing to do with communism or capitalism but with places of more opportunities.

  7. #7

    Default Re: Global capitalist policies are failing

    Quote Originally Posted by Big View Post
    May I remind you that there is no communism in Mexico or Africa and yet people are still trying to come to America.

    In Soviet Union everyone tried to come to big cities to live and work. It has nothing to do with communism or capitalism but with places of more opportunities.
    So you're admitting that we have better opportunities in America than in communist countries? That has nothing to do with capitalism?

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    Default Re: Global capitalist policies are failing

    Yes I admit that but not just because of capitalism. It has to do with American culture and position in the world as well. Nobody from Cuba is interested in living in Kenya for example or Haiti even though there is no communism there.

    Many of American opportunities were created thanks to Hitler and WWII. America was in shambles before that.

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    Default Re: Global capitalist policies are failing

    Big was just responding to jroback's strawman arguments.

    Big's (or NY Times) original assertion: housing crisis in U.S. is having global consequences.

    To which we got: "if capitalism is so flawed, why don't we hear of more people leaving the US to live in Cuba?"

    Well, no one said capitalism was so flawed and no one said communism was better, but Big responded by poking holes in the argument anyway.

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