Re: The Week in Economics
take to farming, head out to unused land, and live and let live?
"conspiracy theory" because it blamed the banks and bank-owners almost entirely for our condition, as if they purposely set themselves up so that people had to pay them back an unpayable debt so that they could grow rich in other peoples' trust.
I think there's plenty of blame to go around, and I don't think it's all the bankers' fault. "Blaming the rich guy" comes off, in my opinion, as a childish attack born of jealousy. It may be completely justified, and he may be completely right... but I have a feeling the issue is not that simple. I'm gonna show this to one of my friends, cause I know a pretty smart kid who's studying econ. I know he knows the facts, about banks creating money out of nothing and "debt" not really being in debt to anyone, but I want to ask him about the parts the video glazed over, waving its hands and saying "there's no good reason for this!" Particularly the part about the government borrowing money from banks that it could print itself, and especially if there are any benefits of being attached to the World Bank.
I know he absolutely despises the fact that we're attached to it, so I don't know if he'll have any answers... but I don't trust videos to give a neutral view of the situation, and he's both my friend and ISTP--also Ti dominant--so I'll see if he can clarify the situation the next time I see him. My Ne is just telling me that video was about 80% dead on and 20% out of touch with reality.