Posts Tagged ‘ welfare state ’

Libertarianism vs. Statism

May 23rd, 2011 | By | Category: Featured, Politics
All of us have been born and raised within a statist box, one in which the federal government’s primary roles are to take care of people, regulate their economic activities, and maintain an overseas military empire that intervenes in the affairs of other countries. Both liberals and conservatives have come to ...read more

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Posted in Featured, Politics | 12 comments


Do You Recognize This Marxist Country?

Oct 4th, 2010 | By | Category: Economics, Featured, Politics
Headline on Yahoo! Finance TechTicker: Joe Biden on Taxes: “You Call It ‘Redistribution of Wealth,’ I Call It ‘Just Being Fair.’” Okay, Mr. Vice President. Thanks for clearing that up for me. I see now that the executive office’s position on wealth is that it is not fair for some to ...read more

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Posted in Economics, Featured, Politics | 33 comments


Even a Little Government Intervention Is Destructive Socialism

May 20th, 2010 | By | Category: Featured, Macro Economics
“You know,” a friend said to us the other night over a drink, “sometimes you come off like a know-it-all smart arse. It’s one thing for you to tell the Chinese they’re doing it all wrong and predict a crash. But you’re bagging out our Prime Minister and you’re not ...read more

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Posted in Featured, Macro Economics | 7 comments


Debt to Break the Back of the Welfare State

May 13th, 2010 | By | Category: Featured, Macro Economics
Monday was the day the world’s capital markets turned into a giant fiat money casino. Consider yourself warned. You can trade your way to profits this in this market on the tide of easy money being printed now by the Federal Reserve and the European Central Bank. But the financial ...read more

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Posted in Featured, Macro Economics | 12 comments


Gold, the Euro, and German Hyperinflation

May 6th, 2010 | By | Category: Economics, Featured, International, Politics
With or without hyperinflation, today’s welfare-state obligations — just like 1919’s war reparations — are simply too big to be paid... The Eurozone’s problem? In short, it’s history...precisely what the single currency was supposed to neuter, of course. Greece’s still-pending €110bn bail-out has already cost three lives in Athens’ riots yesterday. ...read more

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Posted in Economics, Featured, International, Politics | 3 comments


Debt to GDP Ratios Indicate Governments Going Bankrupt

Nov 5th, 2009 | By | Category: Featured, Macro Economics
Are the Western Welfare States (the U.S., Japan, and EU nations) really going bankrupt? Things were headed that way before the credit crisis began. The Global Financial Crisis may be becoming a sovereign debt crisis and that will worsen an already bad situation. First, let’s check out the chart below from ...read more

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Posted in Featured, Macro Economics | 11 comments