02-16-2020, 07:00 PM
(02-16-2020, 06:22 PM)John J. Xenakis Wrote: ** 16-Feb-2020 World View: Toll road sick care system
(02-16-2020, 05:08 PM)Ragnarök_62 Wrote: > I see problems with our toll road sick care system.
> 1. Some won't call 911 'cause they have no health insurance and
> they know that call will bankrupt them.
> 2. Private prisons are run for profit maximization only. Nothing
> else matters
> 3. Food insecure Americans probably have run down immune systems
> 4. Homelessness, nothing else to add here.
> 5. Bad American diet. I wonder if the average Chinese have this
> problem...
> I have other wonders as well. I wonder what the inability to pay
> mortgages and rents will do here. I also wonder about all of those
> other bills folks can't pay. Will they get booted out and hounded
> by debt collectors. I wonder what the Chinese do as well. I guess
> all of those unpaid bills mess up Social Credit Score.
It's amusing to see the usual kind of Trump-bashing spin put on
something like this.
The problem won't be that Obamacare subscribers with $10,000
deductibles will have insurance versus those without insurance because
they used to have insurance, but their policies were canceled by
Obamacare and "the stupidity of the American people" [Jonathan
Gruber].
The problem will be that a pandemic will overwhelm all hospitals and
health care providers, and since any infected patient will be a danger
to all around him, a way will be found to treat all people equally,
whether they have Obamacare or not.
For the same reason, prisoners will be treated.
China: "Almost 150.8 million people are malnourished. Given the size
of China's population, rates of 9.4 percent for stunting in children,
19.6 percent for anemia and 25 percent for overweight represent
significant national and global burdens." -- World Food Program
https://www.wfp.org/countries/china
When you're talking about China, it's good to separate the CCP from
the victimized Chinese people. The Chinese people in Taiwan, which is
governed by a Western-type democracy, and the Chinese people in Hong
Kong, which was governed until recently by Britain, have about five
times the income of the Chinese people governed by the CCP thugs.
As for things like mortgages, we already have some experiences with
that. In the mid-2000s, Gen-X financial engineers created tens of
trillions of dollars in fraudulent subprime mortgage backed synthetic
securities, and when the Gen-X scheme fell apart, millions of people
became bankrupted and/or homeless. I imagine that bank regulators
will try to apply lessons from that experience to a pandemic
situation, although many issues will be different.
1, Gen-X did bad stuff. OK, so what generation made up most of the regulators? Also, I don't think Tangelo and Dimon are X'ers, so there's that. It's actually our rotten system we have now, which is Neoliberalism. It's our national religion man, with shopping centers as temples. Neoliberalism is where people, resources, and capital are deployed worldwide in order to maximize profits. That's the only god, profits. There is no other. However, as I think we agree, China and the US are decoupling and this virus in pushing it along. That's the end , right there. We also agree about our bubble, right? So it's all going away. Globalism is a dead man walking.
2. I think the bank regulators will screw up again. That's because they're bought. Since they were bought in 2008, and they're still bought now, meet the new boss, same as the old boss. Same as it always was.
3. Statistics. OK, so I guess it's OK to compare the US to China and say we're a Shining City on a Hill. I think not.
https://medium.com/christian-citizen/a-l...3fe5c893f0
So, how about some other stats comparing/contrasting , say developed countries?
You know, like Taiwan. I'd love nuke our sick care system for Taiwan's. So let's support Taiwan and adopt it's healthcare system. Let's have them tell us how to do something we're stupid about. And if it means killing off insurance companies, outlawing lobbying, whacking our defense budget, etc. Never let a good crisis go to waste.
---Value Added 
