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Why is Capitalism destined to fail?


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He explains what we've been talking about for years. There isn't enough demand from wages in the economy to consume all that is produced. So what happens? An explosion of government and private debt. 

Which is why I've said, you can't logically hold the position that wages shouldn't rise and government spending should fall. 

Unless, of course, you WANT a deflationary death spiral. Then it would be logical. Is that what you all want?

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  • Trying to pay the bills, lol

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