Starkiller Posted December 20, 2024 Report Share Posted December 20, 2024 1 hour ago, Justafan said: Of course there is. Your example of Nordic countries is a great example of deregulation, stronger competition laws, and scaling back public programs being enormously successful. If America immediately replicated Finland’s now scaled back government programs then Republicans would all be having aneurysms from how hard they screamed “socialism” Link to post Share on other sites More sharing options...
Justafan Posted December 20, 2024 Report Share Posted December 20, 2024 15 minutes ago, Starkiller said: If America immediately replicated Finland’s now scaled back government programs then Republicans would all be having aneurysms from how hard they screamed “socialism” I agree with that sentiment. Still, it's obvious proof of concept of what we just discussed. Titandan 1 Link to post Share on other sites More sharing options...
OILERMAN Posted December 20, 2024 Report Share Posted December 20, 2024 5 hours ago, Justafan said: But eventually it will lift them out of poverty. To be seen. It seems more likely the lower class will be left behind. But I'll watch with an open mind Titandan, and Justafan 2 Link to post Share on other sites More sharing options...
IrishTitansFan Posted December 20, 2024 Report Share Posted December 20, 2024 10 hours ago, Justafan said: Of course there is. Your example of Nordic countries is a great example of deregulation, stronger competition laws, and scaling back public programs being enormously successful. How did deregulation go for Argentina when they tried it in the early 21st century? The EU is heavily regulated, but the free market makes it much easier to run an open economy as most of the countries are working to a similar standard. I agree this is a good model. The key is good regulation that is not controlled by monopolies to crush small businesses, progressive tax rates and strong social nets Link to post Share on other sites More sharing options...
Justafan Posted December 20, 2024 Report Share Posted December 20, 2024 1 hour ago, IrishTitansFan said: How did deregulation go for Argentina when they tried it in the early 21st century? The EU is heavily regulated, but the free market makes it much easier to run an open economy as most of the countries are working to a similar standard. I agree this is a good model. The key is good regulation that is not controlled by monopolies to crush small businesses, progressive tax rates and strong social nets Argentina has been on the losing side of community government policy for a long time. Drastic measures were necessary to deal with the hole they had dug for themselves, and any turnaround was always going to involve a period of struggle. As for the EU and its heavy regulation, I would argue that some are good, but a lot of them are terrible. I agree with you that lack of regulation isn't necessarily good either, and I am all for a policy that promotes competition and limits monopolization. Regulation should be carefully implemented and, wherever feasible and responsible, eliminated entirely. The government usually causes more problems than it solves through strict policies, and I also agree that progressive tax codes and strong social nets are good when implemented responsibly. The problem in the US is that our leaders and our society are not responsible, and Argentina has been far worse for a long time. Free markets is what will lift them out of poverty. The government can't do it. All it can do for now is set conditions and get out of the way. Titandan, and headhunter 2 Link to post Share on other sites More sharing options...
Titans279 Posted December 20, 2024 Report Share Posted December 20, 2024 On 12/19/2024 at 11:06 AM, headhunter said: Yes they would Lmao dumbass headhunter 1 Link to post Share on other sites More sharing options...
Justafan Posted January 28, 2025 Report Share Posted January 28, 2025 https://x.com/johnstossel/status/1884274990075318306?s=46&t=vidIJXspXo7CZ7uZPJ0nqA The opposite of what most here predicted. headhunter 1 Link to post Share on other sites More sharing options...
Jamalisms Posted January 28, 2025 Author Report Share Posted January 28, 2025 15 minutes ago, Justafan said: https://x.com/johnstossel/status/1884274990075318306?s=46&t=vidIJXspXo7CZ7uZPJ0nqA The opposite of what most here predicted. Actually, most of us talked about how the human impact of these policies would be severe. And they are. That you are willing to excuse that human cost is less a policy justification and more just an ethical preference. Link to post Share on other sites More sharing options...
Justafan Posted January 28, 2025 Report Share Posted January 28, 2025 45 minutes ago, Jamalisms said: Actually, most of us talked about how the human impact of these policies would be severe. And they are. That you are willing to excuse that human cost is less a policy justification and more just an ethical preference. That’s a cop out and naïveté to the situation. We’ve had this discussion before. I won’t have it again but I’ll continue to post the amazing success and unsurprising story in Argentina where a once rich country became poor with stupid socialist policies and is slowly climbing its way back out with free market economics. The only form of economics that has ever created wealth and had a long term positive human impact. Little Earl, Titandan, and headhunter 3 Link to post Share on other sites More sharing options...
Jamalisms Posted January 28, 2025 Author Report Share Posted January 28, 2025 Just now, Justafan said: We’ve had this discussion before. Agreed. Which is why the alternative framing is being corrected. Link to post Share on other sites More sharing options...
LongTimeFan Posted January 29, 2025 Report Share Posted January 29, 2025 10 hours ago, Jamalisms said: Agreed. Which is why the alternative framing is being corrected. Derp Link to post Share on other sites More sharing options...
chef Posted February 6, 2025 Report Share Posted February 6, 2025 Justafan, and ChemEngr79 2 Link to post Share on other sites More sharing options...
Jamalisms Posted February 17, 2025 Author Report Share Posted February 17, 2025 Ye Good Ol' Pump and Dump ... He's Argentina's Trump, for sure --- Argentine President Javier Milei is facing calls for impeachment after promoting a little-known cryptocurrency, whose price soared then collapsed after his endorsement, leading to losses for thousands of investors. The news has caused a major scandal in Argentina, with the opposition accusing Milei of promoting a scam, an allegation that the presidency has denied. Pablo Sabbatella, an expert on crypto security issues, told CNN that Milei shared a “smart contract,” a kind of interbank code, of the Solana blockchain platform, which had became fashionable in recent months among investors who bet on highly volatile assets. “The first thing I saw was that the website had been registered yesterday (Friday); (which) is typical of a scam,” said Sabbatella. He also indicated that the token was created minutes before Milei published the message. “The whales (large holders of the asset) bought at practically nothing. Then the price flies and when it is up, they sell. It is known as pump and dump; that mechanic happened,” said Sabbatella. He noted that he saw accounts that bought at very low levels earning more than $4 million in two hours, and one that earned up to $87 million with the sale. https://www.yahoo.com/news/argentina-president-milei-faces-impeachment-230655811.html MadMax, Starkiller, OILERMAN, and 1 other 1 2 1 Link to post Share on other sites More sharing options...
OILERMAN Posted February 17, 2025 Report Share Posted February 17, 2025 Javier Milei is the Hawk Tuah Girl girl! ChesterCopperpot1 1 Link to post Share on other sites More sharing options...
OILERMAN Posted February 17, 2025 Report Share Posted February 17, 2025 A lot of these new brash leaders are just grifters pretending to be looking out for the economy in the name of capitalism. They see the people as "marks". And get the fuck out of my face with this crypto shit. It's just a scam. Suckers try and make a quick buck off of these meme coins/crypto etc....They deserve what they get. I doubt anything happens to Milei but he should be impeached and jailed for this. Starkiller, IsntLifeFunny, pat, and 1 other 4 Link to post Share on other sites More sharing options...
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