[B0ycey]

You obviously made up almost everything, putting that philosophy degree to good use, it's very apparent.

@Crantag, you are intelligent enough to know TtP enjoys the smell of his own farts. Let him believe what he wants to and engage with people who understand economics.

Sometimes it is just easier to part ways - especially when person you are engaged with is clearly ignorant to the things they are talking about.

[Godstud]

Rules in Pofo... Don't engage Truth to Power or Blackjack21 to any kind of debate as they pick apart the grammar, spelling and attack each individual word of what you write with no references or source material. Shite debaters who think they're always right. Move along @Crantag Nothing to see here.

@Truth To Power your arguments are shite.

[Hindsite]

Rules in Pofo... Don't engage Truth to Power or Blackjack21 to any kind of debate as they pick apart the grammar, spelling and attack each individual word of what you write with no references or source material. Shite debaters who think they're always right.

When they are debating Godstud, it does not take much for them to always be right. HalleluYah.

[Godstud]

You can't be right just because you say you are, and ignore all else. I don't expect you to understand that, though.

[skinster]

[Crantag]

I'm in the process of packing my bags for China, myself.

I returned from a 7 year foray in Japan a year and a half ago.

I don't find the situation in the US promising, in terms of employment opportunities, pay, or employment security. China presents a more favorable option for all of these to me.

I'm also sort of expecting the Chinese Yuan to inevitably rise, and I hope to be holding a few of them. Based on the commentaries I've been listening to, increasing levels of Chinese domestic consumption of Chinese goods is likely to be the conduit.

[mikema63]

Don't go all in on china. They are in something of a delicate situation of overproduction and misapplied capital and debt they need to navigate. They might figure it out, I hope they do since failing to do so would be bad all around, but then we might figure our way out as well.

Depending on what happens over the next few years we may find the doom and gloom hand wringing about the US economy to be more hype than reality.

[Crantag]

Don't go all in on china. They are in something of a delicate situation of overproduction and misapplied capital and debt they need to navigate. They might figure it out, I hope they do since failing to do so would be bad all around, but then we might figure our way out as well.

Depending on what happens over the next few years we may find the doom and gloom hand wringing about the US economy to be more hype than reality.

Too late. I'm leaving in a matter of weeks.

Everyone's situation is unique, but I'm pretty comfortable with this move.

To be fair, I have an advanced degree from a Japanese university. Nobody cares about it in the US, but in Asia, it gives me a push--as well as the time in Japan.

But I'd still recommend people give China a look if it's within their frame of reference. China is not a paradise, but the living conditions there are really not bad.

I am intent on leaving the stagnant economies of the US and Japan for the booming Chinese economy. Possibly strike my fortune.

[Godstud]

America is not a paradise, but the living conditions there are really not bad.

There. Fixed it for you.

I think you're making a good decision and I hope it works out well for you.

[The Immortal Goon]

I have several friends that have moved to Asia. I remember one saying, “Why would I live somewhere with a shrinking middle class, when I can move somewhere that has a growing middle class?”

[SolarCross]

Leftist: "we want crushing taxation on the middle class and a vast sprawling welfare state eating up all productivity!"
[twenty years later]
Leftist: "oh shit we are the middle class, screw this I'm off to Asia where capitalism runs wild and free so I can make a buck without goddam welfare babies bleeding me dry"

[Godstud]

Wrong. The left wants a thriving protected middle class, and tax the rich/wealthy/corporations. The Right tried and succeeded in destroying most unions that helped maintained middle class wages. The right wants the middle class and lower classes to pay all the taxes while they march to the bank, and rake in record profits. Your take on it is simply delusional.

[skinster]

Millennials and Capitalism Just Don't Mix
Millennials have a reputation for being technology-savvy and independent-minded. But recent reports indicate that one thing they’re not are capitalists.

A new Fast Company article presents 2016 data from the Harvard Institute of Politics indicating “19% of Americans aged 18 to 29 identified themselves as capitalists; only 42% claimed they support the economic system.”

The fact that less than a quarter of young Americans acknowledge being capitalists serves as a reflection of dissatisfaction with the state of the country, both economically and with the people making the policies.

In an interview with Fast Company in the fall, economist Richard Wolff commented on the desire to move away from the status quo, largely led by millennials.

“The sheer beauty of this is that nothing fuels this movement more than capitalism’s own troubles, and the displeasure, disaffection, and anxiety it produces,” Wolff said.

Fast Company attributes the economic concerns and disappointments young Americans feel to a combination of factors, including just starting to seek employment concurrently or shortly after the Great Recession. There are also staggering data around actual earnings, as Fast Company reports: “The median earnings of millennials in 2013 were 43% lower than someone who was their age and working in 1995.”

The mean wage remains below what it was before the economic collapse in 2008. These numbers also go hand-in-hand with the wildly high student debt facing many Americans.

The political landscape is even less promising. From the rise of Donald Trump and the excess and exploitation of capitalism from which he’s benefited, to the GOP tax bill, young Americans are concerned about the future. According to December 2017 data from Harvard’s Institute of Politics, 67% of 18- to 29-year-olds are “more fearful than hopeful about America’s future.”

These concerns, and the questioning of the economic status quo, are reflected in recent polling. As Fast Company explains, “the popularity of capitalism and socialism is neck-and-neck among younger Americans, while older generations are still distrusting of socialism.”

The popularity of candidates like Bernie Sanders and the success seen by the Democratic Socialists of America in recent elections is also an indication that millennials want politicians to represent their political and economic values.
https://www.alternet.org/economy/millen ... ign=buffer

[Godstud]

Yeah, the left is fueling calls for free education, not higher taxation on the lower and middle classes. Solarcross's bullshit is just that. The left has always been for higher taxes on the rich corporations.

[Hindsite]

Yeah, the left is fueling calls for free education, not higher taxation on the lower and middle classes. Solarcross's bullshit is just that. The left has always been for higher taxes on the rich corporations.

Now maybe we will see how lower taxes will fuel the economy with this new tax bill. It is not as great as I was wishing for, but it is better than what we have now. Maybe there will be a will to improve on it in the future.

[Godstud]

Lower taxes only fuels the economy if the tax relief is on the people who need it(the lower and middle class), and spend, and not the upper/rich people who hoard the extra wealth.

You know what a person who is making $2000/month does with an extra $200? They spend it. Probably on necessities.

Do you know what a rich person with $100 million does when they make an extra $5 million? They put it in an off-shore account and find a way to avoid paying taxes on it.

Your whole way of thinking about this is ridiculous, Hindsite. It shows that you are completely out of touch with the normal middle class person.

[The Immortal Goon]

Leftist: "we want crushing taxation on the middle class and a vast sprawling welfare state eating up all productivity!"

I advocate the liquidation of the middle class.

Leftist: "oh shit we are the middle class, screw this I'm off to Asia where capitalism runs wild and free so I can make a buck without goddam welfare babies bleeding me dry"

Oh man, if "capitalism runs wild" means "mass execution of bankers" for the last three years, after a prolonged communist revolution, then sign me up!

[Crantag]

Leftist: "we want crushing taxation on the middle class and a vast sprawling welfare state eating up all productivity!"
[twenty years later]
Leftist: "oh shit we are the middle class, screw this I'm off to Asia where capitalism runs wild and free so I can make a buck without goddam welfare babies bleeding me dry"

Let's see, 20 years ago I was in Middle school, myself.

As I noted above, I already spent a large portion of my life in Asia. In that context, your post is basically nothing other than racist reactionary remarks by an arrogant nationalist.

[SolarCross]

I advocate the liquidation of the middle class.

Silly me I always forget about the 19th century leftists. Yours would go like this:

19th century leftist: "I want to butcher and loot everyone with more money than me!"
[twenty years later]
19th century leftist: "I came, I saw, I butchered, now I am middle ranking commissar, the terror of my inferiors, albeit also terrorised in turn by my superiors but none that really makes me happy anymore because the bread is always moldy and I have nothing else. Screw this I am going to defect to the west so at least I can eat regular and have nice things."

[The Immortal Goon]

I do not know what 19th century event you're speaking about. The Paris Commune? It did not end with defections to the West, but people literally put into chains to break them back into capitalism.

In reality, it went something like this:

[Leftist]: Seems like a bad idea to break up labour unions, base taxes on the middle class instead of the wealthy, and dismantle New Deal policies that created a middle class in the first place...

[20 Years Later]
[Leftists]: Looks like I was correct and the right refuses to look critically at their masters. Fuck this, I'm off to a socialist country.