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MrRodgers -> RE: The Bankrupt State - Greece,vid (7/3/2010 9:58:30 AM)
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Don't tell me. No...say it ain't so Joe...the Greeks are...capitalists ? These problems are the future of your free market [sic] capitalism where for the capitalists it is not a free as to let them actually fail.
Socialism for the rich in Greece they also being too big to fail, and capitalism for the poor who can just go ahead and die...or go to jail.
ALL that Greece has done is shaken enough speculators to create the herd mentality often consuming the capitalist greed, that she can no longer pay. Pay what you ask ? The debt service.
Capitalism is the entire world...IN DEBT. Capitalism is so we've been told many times is a scramble or battle for capital. Why ? What happened to the 'capital' ? Did it disappear somehow ? Did it like 2, 60 ton jets on 9/11...vaporize on contact with something ?
No, the search for capital is the search for debt because the risk averse capitalist always borrows, leverages or flat out uses, or loses somebody elses money. Now their speculative greed isn't satisfied when their paper turns to shit paper. Presto, these great free-market [sic] capitalists become socialists so fast, make more than your head spin...come running to govt. to bail them out too.
I see nothing new in this clip or on this board. if you like the modern form capitalism we 'enjoy' now, you'll love the future. Poverty, poverty...poverty.
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