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Forum Post: European Debt Economics Punked

Posted 2 years ago on Feb. 5, 2012, 11:34 a.m. EST by nucleus (3291)
This content is user submitted and not an official statement

European debt economics punked, and by extension, US economic policy. Let's see what the conservatards have to say about this:

Punk Economics

10 Comments

10 Comments


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[-] 2 points by MattLHolck (16833) from San Diego, CA 2 years ago

does suggest that it is not necessary to live in a debtor society

[-] 1 points by Middleaged (5140) 2 years ago

I was just going to post the video myself. Thanks. Now I don't need to.

[-] 1 points by ohmygoodness (158) 2 years ago

This is brilliantly put together, but the underlying flaw is that the European Union and especially the Euro is based solely upon monetary economics; the EU is the Phoenix of two ghastly world wars.

Only time will tell if the current measures taken by the EU will succeed, my belief is that it will.

http://www.weforum.org/s?s=eurozone then choose

The Future of the Eurozone - Annual Meeting 2012

[-] 2 points by XaiverBuchsIV (508) 2 years ago

The Euro is a creation of bankers ...

[-] 1 points by ohmygoodness (158) 2 years ago

All currencies are creations of bankers or their likes.

Money is amoral, its usage isn't.

[-] 1 points by nucleus (3291) 2 years ago

Now there is a contradiction if I ever saw one.

[-] 1 points by ohmygoodness (158) 2 years ago

Money has no morality, it depends upon how people use it.

People give morality to an inanimate thing.

A knife is amoral, it can be used to create things of beauty or to kill.

BTW, Conservative, liberal, libertarian, Republican, Democrat, socialist, communist, capitalist, I am all of that and not all all of that. :)

[-] 1 points by nucleus (3291) 2 years ago

Where are deludedCapitalist, slummersWorld and the rest of the conservatards? Once again, there silence is deafening ...

[-] 1 points by Builder (4202) 2 years ago

Brilliant video. Thankyou.

[-] 1 points by beautifulworld (22252) 2 years ago

Lots of difficult concepts clearly explained. Great video. Thanks, nucleus.