I disagree that rich people only spread the wealth between themselves.
I meant passed down to their airs, their own families. Rich families generally breed rich children.
of course spending fuels the economy- but how much is enough.
Enough for what - global domination? yep every country aspires to be the leading economic power. Answer = theres never enough..... Would you just stop making money because you have enough? of course not, the more you make to more you want, you want a bigger house, better car, nicer watch, bigger yaucht, more power, bigger Island etc.. the perpetual crave for more is never ending.
measure wealth on how much disposable income and savings you have.
Thats ridiculous, disposable wealth = more stuff what good is disposable wealth if you dont dispose of it? Even if you save a certain amount you still want to dispose of the rest. Thats the fundamentals of the monetary system, THATS what its designed for.
"I dont agree with that at all. Its not fair that people who were born into wealth should be able to afford things which somebody more unlucky cannot."---so should I give my money away? (my husband thinks I do already)
No, you should stop claiming that poor people can make it financially when others have it much easier, in essence many have a birth right to be rich. Ohh god not the Economic expert husband again, will you stop mentioning that.
Ethiopia doesn't have the infrastructure or social systems of countries in the west. not a fair comparison.
You said poor people can make it if they desire. I pointed out that only around 30% the worlds countries have markets where one can make it IF THEY HAVE THE RIGHT QUALITIES, basically only those born into capitalist societies that have free markets can. So when you mentioned poor people can make it you should have stated that only those that live within societies that have possibilities.
Ethiopia is a country on this planet, why forget about them? along with all the others.
There are opportunities to go to school- there is night school, part time, week end. There are opportunities to improve yourself. It takes desire. If you settle with a job and settle that you will always be poor- then it will be that way.
Yep, sounds about right.
Should a person with no education and no training make 50,000 dollars a year?
Yes, why should a person who parent's are filthy rich inherit 20 million.
Education teaches people to make money, Education costs money, how will poor children get an education?
Now I look at the education system in America, and the kids learn how to invest in stock, they design their own businesses, etc. I'm wondering, in how far the entrpuneurship can be taught to the kids.
Ha yeah. The education system is manipulated to fuel the countries economy especially in America. The Army brainwashes people to kill, whats the difference?
PIP: exactly, and buying stuff doesn't necessarily fuel the country- it fuels China.
Problem is PIP theres an American CEO (most probably) organizing those Chinese imports and he makes money, also dont forget about the import taxes, the US gov makes money from that too. Its still cheaper for the consumer to buy those Chinese jeans so they will dictate. Thats a free market and its killing the USA.
the free market is killing the US.
Look ive said it many times, its not the US, not China, not the EU, its the monetary system itself. Money breeds corruption by its very being, its just so obvious.