Minichan

Topic: Walter, how do you feel about Detroit's bankruptcy?

Anonymous A started this discussion 13 years ago #29,373

Have you wept yet?

Anonymous B joined in and replied with this 13 years ago, 5 hours later[^] [v] #429,876

inb4 he blames niggers

Anonymous C joined in and replied with this 13 years ago, 16 minutes later, 6 hours after the original post[^] [v] #429,878

Detroit: it just doesn't work.

HaikerensGuide !dBGi/iH4eY joined in and replied with this 13 years ago, 19 hours later, 1 day after the original post[^] [v] #430,092

I'm surprised it didn't happen sooner.

Meta !PARAdoxiHw joined in and replied with this 13 years ago, 3 minutes later, 1 day after the original post[^] [v] #430,094

@previous (HaikerensGuide !dBGi/iH4eY)
Detroit is too conservative. They need to stop listening to baggers and increase government spending to get them out of this slump.

HaikerensGuide !dBGi/iH4eY replied with this 13 years ago, 2 minutes later, 1 day after the original post[^] [v] #430,095

@previous (Meta !PARAdoxiHw)
I'm more of a "tax and save" kind of guy right now. And while I despise public-sector unions, isn't a pension a portion of their salary set aside for later? Or am I thinking of something completely different?

Meta !PARAdoxiHw replied with this 13 years ago, 1 hour later, 1 day after the original post[^] [v] #430,114

@previous (HaikerensGuide !dBGi/iH4eY)
I was being facetious, obviously 50 years of profligate deficit spending doesn't seem to have worked so well. Looks like Keynesian "economics" loses again!

HaikerensGuide !dBGi/iH4eY replied with this 13 years ago, 8 minutes later, 1 day after the original post[^] [v] #430,118

@previous (Meta !PARAdoxiHw)
It is a Keynesian sin to save money and live frugally. Spend spend spend!

Anonymous F joined in and replied with this 13 years ago, 5 hours later, 1 day after the original post[^] [v] #430,171

@previous (HaikerensGuide !dBGi/iH4eY)
It's the paradox of thrift. The more we save, the less each of us earns.

(Edited 7 minutes later.)

Meta !PARAdoxiHw replied with this 13 years ago, 2 minutes later, 1 day after the original post[^] [v] #430,172

@previous (F)
But bank savings are loaned to businesses and consumers, who use the credit to invest in capital and buy things, leading to jobs and income.

(Edited 18 seconds later.)

Anonymous F replied with this 13 years ago, 3 minutes later, 1 day after the original post[^] [v] #430,173

@previous (Meta !PARAdoxiHw)
lol. Some idiot doesn't understand what credit means.

Protip: you pay back more than you get.

Meta !PARAdoxiHw replied with this 13 years ago, 33 minutes later, 1 day after the original post[^] [v] #430,181

@previous (F)
lol. Some idiot doesn't understand what investment means.

Protip: you get more back than you spend.

(Edited 17 seconds later.)

Anonymous G joined in and replied with this 13 years ago, 15 minutes later, 1 day after the original post[^] [v] #430,185

@previous (Meta !PARAdoxiHw)

INVISIBLE HAND OF THE FREE MARKET



it just works amirite

Meta !PARAdoxiHw replied with this 13 years ago, 4 minutes later, 1 day after the original post[^] [v] #430,186

@previous (G)
If you don't like it, go to North Korea. Thanks, thanx. Thanks.

HaikerensGuide !dBGi/iH4eY replied with this 13 years ago, 7 minutes later, 1 day after the original post[^] [v] #430,188

@430,171 (F)
SPEND SPEND SPEND IT WILL ALWAYS GIVE US PROSPERITY
Look where we are now.

Meta !PARAdoxiHw replied with this 13 years ago, 23 minutes later, 1 day after the original post[^] [v] #430,197

Zimbabwe: even the homeless are Billionaires™

HaikerensGuide !dBGi/iH4eY replied with this 13 years ago, 58 seconds later, 1 day after the original post[^] [v] #430,198

@previous (Meta !PARAdoxiHw)
Zimbabwe: the Liberal roadmap for America™
:

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