A little something for both sides?

[FluffyMcDeath]

Perhaps there is something in here that the left can agree with and something that the right can agree with (and both sides will have something to disagree with.

Either way, it looks like communism is beating capitalism.

 

[redrumloa]

Damn, a video and I have no bandwidth at work.

I assume this is about China. You could have said the opposite in 1999 at the height of the dotcom bubble, but look what happened. Same with 2005 and the real estate/mortgage scam/bubble. China is a bubble, a HUGE bubble. China is also a scam manipulating their currency.

 

[Glaucus]

Ya, sorry, not likely to watch a long video (long means anything over a minute) while at work. An article is easier to get through. Damn this youtube generation!

 

[FluffyMcDeath]

11 minutes. Maybe too long for work but not really long. Too long for me to transcribe at work though.

 

[FluffyMcDeath]

If you can't be bothered to watch 11 minutes of Wolf then you probably won't watch James K. Galbraith either about why the "Fiscal Cliff" is a scam.

but this time you can read the article instead (as well).

 

[Glaucus]

You can also read about the fiscal cliff nonsense in more mainstream media as well:

Let’s Jump off the Fiscal Cliff!

The cliff is a potential set of macroeconomic problems caused by the budget deficit becoming too small. If you’re confused, that’s no accident. Powerful actors, including the executives of America’s largest banks, are deliberately trying to befuddle Americans about this issue. Their aim isn’t to advance the cause of fiscal responsibility: It’s to lower their own taxes and perhaps obtain substantial cuts in Social Security and Medicare and to try to do it by stealth during the lame duck session of Congress.

That's not a bad summary of the situation I'd say.

 

[Glaucus]

Perhaps there is something in here that the left can agree with and something that the right can agree with (and both sides will have something to disagree with.

Either way, it looks like communism is beating capitalism.

Ok, watched it last night. Red's right, it's about China sorta. Not sure I'd say communism is winning though. China is going through it's own little revolution now, and by the time it's done, it's probably gonna look more like capitalism than communism.

 

[faethor]

Of course the fiscal cliff is a scam. Unfortunately, what we don't see is politicans who pass the laws passing the funding for those laws in the same instance.

 

[Robert]

China is going through it's own little revolution now, and by the time it's done, it's probably gonna look more like capitalism than communism.

That's how it looks from this angle too.