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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (870925)	7/7/2015 11:24:26 AM
From: RetiredNow	Read Replies (1) \| Respond to of 1576152

Germany is an interesting Socialist country, for sure. Of all the European countries, I'd say they are closer to capitalism than most. They have some pretty incredible socialist programs, though, including their welfare and healthcare systems. So they are further left than we are, but we're gaining on them fast. BTW, it's no accident that when the shit hits the fan in Europe, everyone is asking the Germans for more money, the least of which is Greece. The Germans are conservative economically. They tend to run a pretty tight economic ship, but they too have succumbed to massive debts and deficits relative to their GDP. It seems, even the relatively economic conservative Germans have gone too far with Socialism, and they are paying the price. Socialism always leads to way too much deficit spending and debt, which eventually collapses the system. It's just math. Debt and money printing always lead to high volatility and economic disaster. Sometimes it takes a long time and some times it happens fast.