Australian Politics Forum - Why Capitalism Rocks

Dnarever Gold Member Offline Australian Politics Posts: 59478 Here Gender:	Re: Why Capitalism Rocks Reply #75 - Apr 23^rd, 2024 at 8:22pm Quote: Why Capitalism Rocks While capitalism seems to splutter from one emergency bail out to the next any success it has at all seems to depend on the exploitation of the working classes.
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Frank Gold Member Offline Australian Politics Posts: 48599 Gender:	Re: Why Capitalism Rocks Reply #76 - Apr 23^rd, 2024 at 9:29pm Dnarever wrote on Apr 23^rd, 2024 at 8:22pm: Quote: Why Capitalism Rocks While capitalism seems to splutter from one emergency bail out to the next any success it has at all seems to depend on the exploitation of the working classes. Compared to socialism which simply collapses and dies.
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freediver Gold Member Offline www.ozpolitic.com Posts: 49574 At my desk.	Re: Why Capitalism Rocks Reply #77 - Apr 23^rd, 2024 at 9:33pm When was the last "emergency bailout" we had?
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Bobby. Gold Member Offline Australian Politics Posts: 107542 Melbourne Gender:	Re: Why Capitalism Rocks Reply #78 - Apr 23^rd, 2024 at 10:14pm freediver wrote on Apr 23^rd, 2024 at 9:33pm: When was the last "emergency bailout" we had? 2008 GFC 16 years ago. https://en.wikipedia.org/wiki/Emergency_Economic_Stabilization_Act_of_2008
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John Smith Gold Member Online Australian Politics Posts: 75407 Gender:	Re: Why Capitalism Rocks Reply #79 - Apr 23^rd, 2024 at 10:47pm Bobby. wrote on Apr 23^rd, 2024 at 10:14pm: freediver wrote on Apr 23^rd, 2024 at 9:33pm: When was the last "emergency bailout" we had? 2008 GFC 16 years ago. https://en.wikipedia.org/wiki/Emergency_Economic_Stabilization_Act_of_2008 How about during covid, no bailouts there ehhh Goober
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Bobby.

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Re: Why Capitalism Rocks
Reply #80 - Apr 23^rd, 2024 at 10:56pm

John Smith wrote on Apr 23^rd, 2024 at 10:47pm:

Bobby. wrote on Apr 23^rd, 2024 at 10:14pm:

freediver wrote on Apr 23^rd, 2024 at 9:33pm:

When was the last "emergency bailout" we had?

2008 GFC 16 years ago.

https://en.wikipedia.org/wiki/Emergency_Economic_Stabilization_Act_of_2008

How about during covid, no bailouts there ehhh Bobby Cheesy

You're right - I'll give you that one.

Australia spent 100s of $billions of printed money
and it caused our inflation crisis -

so did the Yanks.

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freediver Gold Member Offline www.ozpolitic.com Posts: 49574 At my desk.	Re: Why Capitalism Rocks Reply #81 - Apr 24^th, 2024 at 6:43am Bobby. wrote on Apr 23^rd, 2024 at 10:14pm: freediver wrote on Apr 23^rd, 2024 at 9:33pm: When was the last "emergency bailout" we had? 2008 GFC 16 years ago. https://en.wikipedia.org/wiki/Emergency_Economic_Stabilization_Act_of_2008 You know that was in a different country, right Bobby?
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John Smith

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Re: Why Capitalism Rocks
Reply #82 - Apr 24^th, 2024 at 7:09am

freediver wrote on Apr 24^th, 2024 at 6:43am:

Bobby. wrote on Apr 23^rd, 2024 at 10:14pm:

freediver wrote on Apr 23^rd, 2024 at 9:33pm:

When was the last "emergency bailout" we had?

2008 GFC 16 years ago.

https://en.wikipedia.org/wiki/Emergency_Economic_Stabilization_Act_of_2008

You know that was in a different country, right Bobby?

SO the $10.4 B stimulus package the govt handed out and the guarantees it gave to bank deposits don't count? Cheesy

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John Smith

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Re: Why Capitalism Rocks
Reply #83 - Apr 24^th, 2024 at 7:11am

freediver wrote on Apr 24^th, 2024 at 6:43am:

Bobby. wrote on Apr 23^rd, 2024 at 10:14pm:

freediver wrote on Apr 23^rd, 2024 at 9:33pm:

When was the last "emergency bailout" we had?

2008 GFC 16 years ago.

https://en.wikipedia.org/wiki/Emergency_Economic_Stabilization_Act_of_2008

You know that was in a different country, right Bobby?

SO the $10.4 B stimulus package the govt handed out at the time and the guarantees it gave to bank deposits don't count? Cheesy

By the way, when are you going to fix the damn forum properly. It's taking over a minute for some pages to flip.

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freediver

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Re: Why Capitalism Rocks
Reply #84 - Apr 24^th, 2024 at 7:22am

John Smith wrote on Apr 24^th, 2024 at 7:09am:

freediver wrote on Apr 24^th, 2024 at 6:43am:

Bobby. wrote on Apr 23^rd, 2024 at 10:14pm:

freediver wrote on Apr 23^rd, 2024 at 9:33pm:

When was the last "emergency bailout" we had?

2008 GFC 16 years ago.

https://en.wikipedia.org/wiki/Emergency_Economic_Stabilization_Act_of_2008

You know that was in a different country, right Bobby?

SO the $10.4 B stimulus package the govt handed out and the guarantees it gave to bank deposits don't count? Cheesy

Not sure you could call that lurching from one bailout to the next, or that you could blame capitalism for covid.

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People who can't distinguish between etymology and entomology bug me in ways I cannot put into words.

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John Smith

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Re: Why Capitalism Rocks
Reply #85 - Apr 24^th, 2024 at 8:56am

freediver wrote on Apr 24^th, 2024 at 7:22am:

John Smith wrote on Apr 24^th, 2024 at 7:09am:

freediver wrote on Apr 24^th, 2024 at 6:43am:

Bobby. wrote on Apr 23^rd, 2024 at 10:14pm:

freediver wrote on Apr 23^rd, 2024 at 9:33pm:

When was the last "emergency bailout" we had?

2008 GFC 16 years ago.

https://en.wikipedia.org/wiki/Emergency_Economic_Stabilization_Act_of_2008

You know that was in a different country, right Bobby?

SO the $10.4 B stimulus package the govt handed out and the guarantees it gave to bank deposits don't count? Cheesy

Not sure you could call that lurching from one bailout to the next, or that you could blame capitalism for covid.

no one said they occured daily dumbarse. And the economy has to deal with reality, of which covid is a part off. Unlike economic theory which ignores reality and relies on pink unicorns and rainbows

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freediver Gold Member Offline www.ozpolitic.com Posts: 49574 At my desk.	Re: Why Capitalism Rocks Reply #86 - Apr 24^th, 2024 at 9:05am Quote: no one said they occured daily Neither did I john. Unbunch your panties. Quote: Unlike economic theory which ignores reality and relies on pink unicorns and rainbows Have you studied economics?
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John Smith Gold Member Online Australian Politics Posts: 75407 Gender:	Re: Why Capitalism Rocks Reply #87 - Apr 24^th, 2024 at 6:01pm freediver wrote on Apr 24^th, 2024 at 9:05am: Neither did I john but you did pretend someone argued that we were going from one bail out to another
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freediver Gold Member Offline www.ozpolitic.com Posts: 49574 At my desk.	Re: Why Capitalism Rocks Reply #88 - Apr 24^th, 2024 at 6:14pm Quote: but you did pretend someone argued that we were going from one bail out to another You are not just pretending to be stupid, are you John? Dnarever wrote on Apr 23^rd, 2024 at 8:22pm: capitalism seems to splutter from one emergency bail out to the next
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John Smith Gold Member Online Australian Politics Posts: 75407 Gender:	Re: Why Capitalism Rocks Reply #89 - Apr 24^th, 2024 at 6:18pm freediver wrote on Apr 24^th, 2024 at 6:14pm: You are not just pretending to be stupid, are you John? no, but you are freediver wrote on Apr 24^th, 2024 at 7:22am: Not sure you could call that lurching from one bailout to the next
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