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Re: otcbargains post# 16679

Friday, 01/15/2016 2:01:04 PM

Friday, January 15, 2016 2:01:04 PM

Post# of 114148
OT I agree. Capitalism in its pure form is an elegant system, and the downturns are just as important as the ups because bad debts get wiped out, which allows for new value-add growth. The problem is people only like the good bits of capitalism, not the bad parts where people who make bad decisions get screwed. Also our "capitalist" economy is almost entirely based on artificial, consumerism-driven growth that does not create any real value.

I could go on but I don't want to clog the board with my economic ramblings :)

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