03-11-2017, 10:12 AM
(03-11-2017, 10:04 AM)Kinser79 Wrote:(03-11-2017, 09:56 AM)Galen Wrote:(03-11-2017, 09:23 AM)Odin Wrote: All these delusions about "inevitable collapse" are hilarious. Social Democracy is the most successful social system in history.
Let's see how long California lasts after they secede. As near as I can tell they have a pension crisis approaching the scale of what is facing Illinois. It will be interesting to see how Moonbeam handles that without the Feds to bail his ass out.
Well theoretically he could deal with it by simply printing currency (cause sovereign states just happen to have that super power) but eventually the hidden tax of inflation would start a cycle of eating its own tail and eventually there would be collapse.
It should be noted that Mugabe tried that....Zimbawe now uses a combination of RMB, Yen, Euro, Pounds and USD.
There is a lesson there but it seems likely that Eric the Obtuse and Odin will miss it.
Democracy is the theory that the common people know what they want, and deserve to get it good and hard. -- H.L. Mencken
If one rejects laissez faire on account of man's fallibility and moral weakness, one must for the same reason also reject every kind of government action. -- Ludwig von Mises
If one rejects laissez faire on account of man's fallibility and moral weakness, one must for the same reason also reject every kind of government action. -- Ludwig von Mises