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Very Hot Topic (More than 25 Replies) could proper econmic education help midagate economic disasters (Read 239 times)
thermf5
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could proper econmic education help midagate economic disasters
Jul 23rd, 2018 at 2:55pm
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the grate dipresstion was coused by everyone takeing out 80/20 margion lones the great resetion was coused by subprime lending both events could have b in avoided if the geral populis was beter educated on ecomics
  
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ahhell
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Re: could proper econmic education help midagate economic disasters
Reply #1 - Jul 23rd, 2018 at 5:43pm
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Not really, the thing about bubbles is when they happened eventually everyone realizes but nobody wants to the guy that buys into too late and thinks they'll be the guy to sell out before it is too late. 

Well, that's not the only problem but keep in mind, lots of folks who bought into the subprime loan market had some of the best economics educations around.
  
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RubyHypatia
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Re: could proper econmic education help midagate economic disasters
Reply #2 - Jul 23rd, 2018 at 7:28pm
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It depends on who's doing the educating.  That Alexandria Cortez has a bachelor's degree in economics.
Shocked
  
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Jeff
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Re: could proper econmic education help midagate economic disasters
Reply #3 - Jul 24th, 2018 at 8:43am
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thermf5 wrote on Jul 23rd, 2018 at 2:55pm:
the grate dipresstion was coused by everyone takeing out 80/20 margion lones the great resetion was coused by subprime lending both events could have b in avoided if the geral populis was beter educated on ecomics
The Federal Reserve Bank trying to implement Keynesian economics, followed by the socialist government programs of the New Deal are the short explanation of the Roaring 20's, the inevitable bursting of the Keynesian induced bubble and the failure of the economy to recover.

Currently, the Fed's control of the supply of money and interest rates, combined with the expansion of crony capitalism are creating the next economic disaster...

Knowing that won't help if the government and it's Central Bank have their own agenda.

Here's the real solution-

http://thecrux.com/billionaire-druckenmiller-can-we-try-capitalism-real-capitali...
  
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thermf5
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Re: could proper econmic education help midagate economic disasters
Reply #4 - Jul 24th, 2018 at 8:50am
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Jeff wrote on Jul 24th, 2018 at 8:43am:
The Federal Reserve Bank trying to implement Keynesian economics, followed by the socialist government programs of the New Deal are the short explanation of the Roaring 20's, the inevitable bursting of the Keynesian induced bubble and the failure of the economy to recover.

the federal reseve are scum bags but it was privet banks and stupid people that coused the grat dipresstion not every thing is soshillisms fult like u sopund like dong in reverce bleaming every thing on captialism when both systems are messed up becouse humanty is the problem
  
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Jeff
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Re: could proper econmic education help midagate economic disasters
Reply #5 - Jul 24th, 2018 at 9:04am
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thermf5 wrote on Jul 24th, 2018 at 8:50am:
the federal reseve are scum bags but it was privet banks and stupid people that coused the grat dipresstion not every thing is soshillisms fult like u sopund like dong in reverce bleaming every thing on captialism when both systems are messed up becouse humanty is the problem
What you need thermie is some economic education. The pre-depression Fed kept increasing the money supply. That's why speculation got out of hand.
  
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RubyHypatia
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Re: could proper econmic education help midagate economic disasters
Reply #6 - Jul 24th, 2018 at 5:09pm
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Seriously, Girl Wonder, Alexandria Cortez, has a bachelor's degree in economics, and she wants college education to be free, paid for by taxpayers of course.  Think about what that would mean.  How many young people get bored and drop out of college and therefore waste the money already invested in their higher learning?  With other people paying for that education, it will mean a lot of wasted taxpayer money.  The national debt will only get bigger.
  
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Re: could proper econmic education help midagate economic disasters
Reply #7 - Jul 24th, 2018 at 5:35pm
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RubyHypatia wrote on Jul 24th, 2018 at 5:09pm:
Seriously, Girl Wonder, Alexandria Cortez, has a bachelor's degree in economics, and she wants college education to be free, paid for by taxpayers of course.  Think about what that would mean. 

Right, Ruby.

There's only two ways college education can can be free.

1)  Colleges will need to stop charging for admission, and offer their courses pro bono.

2)  The government will need taxpayers to pay for the "free" education.  And this means huge tax hikes.

Obviously,  #1 will never happen.

#2 would take away discretionary spending money from taxpayer's wallets, and they will spend less. Businesses will be forced to downsize, and growth grinds to a halt. It will have a cascading effect that will negatively impact our economy.

The US would eventually become another failed socialist state like Venezuela.   Cry
  
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Re: could proper econmic education help midagate economic disasters
Reply #8 - Jul 24th, 2018 at 5:38pm
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RubyHypatia wrote on Jul 24th, 2018 at 5:09pm:
Seriously, Girl Wonder, Alexandria Cortez, has a bachelor's degree in economics, and she wants college education to be free, paid for by taxpayers of course.  Think about what that would mean.  How many young people get bored and drop out of college and therefore waste the money already invested in their higher learning?  With other people paying for that education, it will mean a lot of wasted taxpayer money.  The national debt will only get bigger.
Many committed revolutionaries come out of colleges and universities reinforced in the beliefs that led them to major in queer studies or women's issues or people of color stuff.

The majority of economic departments have been pre-Great Depression Keynesian Deniers of Reality for a generation, maybe two... Maybe three.

Why blame the deluded  children?

Stop sending them my tax dollars is my only request... Both the students and the "Institutions of Higher Learning"

Let them work it out free market style and leave me alone.
  
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thermf5
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Re: could proper econmic education help midagate economic disasters
Reply #9 - Jul 24th, 2018 at 5:45pm
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RubyHypatia wrote on Jul 24th, 2018 at 5:09pm:
Seriously, Girl Wonder, Alexandria Cortez, has a bachelor's degree in economics, and she wants college education to be free, paid for by taxpayers of course.  Think about what that would mean.  How many young people get bored and drop out of college and therefore waste the money already invested in their higher learning?  With other people paying for that education, it will mean a lot of wasted taxpayer money.  The national debt will only get bigger.

i am talking abought at a highschool lv then agin if i own i school it would pont out how messed up humanty is in most lesstions
  
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