I really like the 4 seasons cycle you mentioned, it's a very good point and it's very true. Governments bailing out greedy banks is not capitalism, it's corruption. In capitalism the banks are allowed to go bankrupt, and then the banks to take their place will be more honest. Our economy is in debt bubble that's spiralling out of control, we need to prepare for a hard winter and let it all collapse if we want spring to come and the economy to recover. Printing money and bail outs is just delaying winter and is going to give us a tougher winter for the longer it goes on. Mass immigration has been a ponzi scheme that relies on new migrants taking debt to feed the bubble, while it's created a massive lower class that the middle class can no longer sustain. As you mentioned it's the middle class that pay most of the taxes, kill the middle class and the country collapses. It's little wonder that so many young people are embracing socialism. Unfortunately they don't realise that it's going to make everything so much worse because it's a flawed ideology that's proven to fail, you can't deny basic human behavior, supply and demand. What we need is to give young people more financial literacy. Don't waste your money and life on college if you're not going to benefit from your degree. Learn how to save and preserve wealth, hard assets such as housing can still be affordable, it just depends on where you choose to live. *edit I just finished the video, we agree on a lot of points :)
I really like the 4 seasons cycle you mentioned, it's a very good point and it's very true.
Governments bailing out greedy banks is not capitalism, it's corruption.
In capitalism the banks are allowed to go bankrupt, and then the banks to take their place will be more honest.
Our economy is in debt bubble that's spiralling out of control, we need to prepare for a hard winter and let it all collapse if we want spring to come and the economy to recover. Printing money and bail outs is just delaying winter and is going to give us a tougher winter for the longer it goes on.
Mass immigration has been a ponzi scheme that relies on new migrants taking debt to feed the bubble, while it's created a massive lower class that the middle class can no longer sustain. As you mentioned it's the middle class that pay most of the taxes, kill the middle class and the country collapses.
It's little wonder that so many young people are embracing socialism. Unfortunately they don't realise that it's going to make everything so much worse because it's a flawed ideology that's proven to fail, you can't deny basic human behavior, supply and demand.
What we need is to give young people more financial literacy. Don't waste your money and life on college if you're not going to benefit from your degree. Learn how to save and preserve wealth, hard assets such as housing can still be affordable, it just depends on where you choose to live.
*edit I just finished the video, we agree on a lot of points :)