Quote:
Originally Posted by apk919
What happened to capitalism, the free market, and competition? |
Nothing... It's alive... apparently not doing as well as it was. There are these entities called banks. And they thought that doing business with a bunch of dumb-asses was a good idea... which pretty much makes them dumb-asses. And then, what happened... I'll let you know when its over.
Any unbalanced system will drive itself into a wall over and over. I'm not for a complete lack of gov't intervention... or even the opposite. I think a healthy balance can exist. I'm all for lessening the blows.
As far as I am able to witness, capitalism, the free market, and competition still exist.
Were you shocked by my comments because you don't think Tesla will pay back the loans? Or the bit about the gov't printing money we should all be taking advantage of? Pump it all back into the economy! Isn't that the point? Is the gov't even printing money?!? Or is that just what we like the say when we don't know where these "magical" loans come from?