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  #41  
Old 15.05.2020, 16:39
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Re: Is our current financial system sustainable? Cheap loans and frequent selling.

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So you are limited to the UK/US experience - you are talking about two very divided countries and not representative of what is going on else where. Most other countries in Europe are governed by coalitions, where parties have to find a common ground and work together.
The USA used to be the leader of the "free world"
The UK used to have an empire

You groaned at a post, but come up with no counterarguments other than implying most other countries in Europe agree with me

Not sure there is a consensus in Europe other than the Brits and the USA are getting it badly wrong - not everyone on EF agrees with that

Some european countries seem intent on going down the nationalist route - we know where that leads.
Some have a real problem keeping their national identity (e.g. Spain and Belgium)
Scotland feels happier in Europe than in the UK? That is fascinating.
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  #42  
Old 15.05.2020, 19:36
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Re: Is our current financial system sustainable? Cheap loans and frequent selling.

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You groaned at a post, but come up with no counterarguments other than implying most other countries in Europe agree with me
How can a country agree with someone?
Especially an other European one!
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  #43  
Old 15.05.2020, 20:23
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Re: Is our current financial system sustainable? Cheap loans and frequent selling.

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Some european countries seem intent on going down the nationalist route - we know where that leads.
Some have a real problem keeping their national identity (e.g. Spain and Belgium)
Scotland feels happier in Europe than in the UK? That is fascinating.
Yeah, I'm pretty sure some are not allowed to go down the nationalist route, but others are going to lose their identity.....

Double standards, fascinating thing.
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  #44  
Old 15.05.2020, 20:34
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CodeDesign has made some interesting contributions
Re: Is our current financial system sustainable? Cheap loans and frequent selling.

Meanwhile:
Coronavirus: US billionaires add $282bn to their wealth in just 23 days as millions lose jobs
https://www.independent.co.uk/news/w...-a9486216.html
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  #45  
Old 15.05.2020, 21:34
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Re: Is our current financial system sustainable? Cheap loans and frequent selling.

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How can a country agree with someone?
Especially an other European one!
Please: you can do better than this. The wording was not mine.
Europe's diversity is a strength and a weakness.
USA's diversity seems at the moment to be only a weakness. If the States/counties think they can work separate from the rest ....
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  #46  
Old 15.05.2020, 23:29
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Re: Is our current financial system sustainable? Cheap loans and frequent selling.

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The mantra of private/public being good/bad is not helpful.
Reality leaves zero grounds for such a (absolutist) position, there's not even a discussion to be had.
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  #47  
Old 16.05.2020, 06:27
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Re: Is our current financial system sustainable? Cheap loans and frequent selling.

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Reality leaves zero grounds for such a (absolutist) position, there's not even a discussion to be had.
Doe zero grounds mean you ran out of coffee?
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  #48  
Old 16.05.2020, 07:29
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Re: Is our current financial system sustainable? Cheap loans and frequent selling.

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Is our current financial system sustainable?

How the rich get richer money in the world economy | DW Documentary:
https://youtu.be/t6m49vNjEGs?t=1962

This documentary shows how giant corporations generate extreme value with cheap loans and regular selling of corporations. I assume shareholders and super rich are the main beneficiaries of this. Probably generating more "value" than what the company actually delivers. Is this really true and is there no regulation regarding this? Who benefit and who does not?

I forecast an economic disaster. A large lower/mid class paying for this and a small group of multi billionairs gaining more than their entire family can ever spend. I other words it look like we are going towards a medieval society that is split in royalties and slaves/workers, where the royalty has absolute control due to x100.000 difference in financial power compared to a "normal" person. Will this happen and what can a normal worker do to survive this or at least win a bit when these giant financial gain are made?
Is our current financial system sustainable?

The higher you go,the further you fall!
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  #49  
Old 16.05.2020, 10:34
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Re: Is our current financial system sustainable? Cheap loans and frequent selling.

Answer may lie here:
https://www.teleboy.ch/en/tv-guide/t...6/system-error
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