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  1. #1
    NBA Legend AirBonner's Avatar
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    Default Coronavirus shaping the political landscape

    These free handouts are unprecedented and will determine if a socialist economy can thrive

  2. #2
    NBA lottery pick Overdrive's Avatar
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    Default Re: Coronavirus shaping the political landscape

    Quote Originally Posted by AirBonner View Post
    These free handouts are unprecedented and will determine if a socialist economy can thrive
    This is not the way guys like Sanders imagine a social democracy. I live in a social democratic country and this is unprecedented.

  3. #3
    NBA Legend and Hall of Famer warriorfan's Avatar
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    Default Re: Coronavirus shaping the political landscape

    Quote Originally Posted by AirBonner View Post
    These free handouts are unprecedented and will determine if a socialist economy can thrive
    How would a one time bail out in extraordinary circumstances determine if a long term socialist economy can thrive? Is this some piss poor troll attempt or something?

  4. #4
    Saw a basketball once
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    Default Re: Coronavirus shaping the political landscape

    According to the current severe coronavirus spreading situation, you need at least a box of n95 for you and your family. now I have some factory resources to get the n95 masks....contact me.
    Hopefully the Lakers are okay

  5. #5
    NBA rookie of the year diamenz's Avatar
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    Default Re: Coronavirus shaping the political landscape

    Quote Originally Posted by warriorfan View Post
    How would a one time bail out in extraordinary circumstances determine if a long term socialist economy can thrive? Is this some piss poor troll attempt or something?
    people don't think before they speak.

  6. #6
    The One CelticBaller's Avatar
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    Default Re: Coronavirus shaping the political landscape

    Quote Originally Posted by Overdrive View Post
    This is not the way guys like Sanders imagine a social democracy. I live in a social democratic country and this is unprecedented.
    because sanders is a socialist, not a social democrat

    anyways bailouts aren't socialist. They aren't free money

  7. #7
    NBA Legend and Hall of Famer Jasper's Avatar
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    Default Re: Coronavirus shaping the political landscape

    what about the DOW ??

  8. #8
    NBA Legend AirBonner's Avatar
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    Default Re: Coronavirus shaping the political landscape

    Quote Originally Posted by Jasper View Post
    what about the DOW ??
    What does the Dow or stock exchange mean to you?

  9. #9
    It is what it is TheMan's Avatar
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    Default Re: Coronavirus shaping the political landscape

    Quote Originally Posted by CelticBaller View Post
    because sanders is a socialist, not a social democrat

    anyways bailouts aren't socialist. They aren't free money
    Socialist countries don't give out "free money" either. Nothing is ever free.

  10. #10
    The One CelticBaller's Avatar
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    Default Re: Coronavirus shaping the political landscape

    Quote Originally Posted by TheMan View Post
    Socialist countries don't give out "free money" either. Nothing is ever free.
    Yes they do lol

    It’s literally called planned economy. They allocate resources(money) to companies and expect them to perform, not pay them back
    Last edited by CelticBaller; 03-24-2020 at 02:26 PM.

  11. #11
    It is what it is TheMan's Avatar
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    Default Re: Coronavirus shaping the political landscape

    Quote Originally Posted by CelticBaller View Post
    Yes they do lol

    It’s literally called planned economy. They allocate resources(money) to companies and expect them to perform, not pay them back
    Exactly, they are paying them to produce...that's not free money. Free money would be handing out money and expecting nothing in return.

  12. #12
    The One CelticBaller's Avatar
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    Default Re: Coronavirus shaping the political landscape

    Quote Originally Posted by TheMan View Post
    Exactly, they are paying them to produce...that's not free money. Free money would be handing out money and expecting nothing in return.
    It is free money because that's money taken from another industry, losing profits on that sector to boost the other.

    The U.S Gov makes money on bailouts. Planned economies don't by shifting resources

  13. #13
    It is what it is TheMan's Avatar
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    Default Re: Coronavirus shaping the political landscape

    Quote Originally Posted by CelticBaller View Post
    It is free money because that's money taken from another industry, losing profits on that sector to boost the other.

    The U.S Gov makes money on bailouts. Planned economies don't by shifting resources
    So why the hell were the GOP so up in arms when Obama bailed out all those businesses after the 08 crash? They were just loans, right? And they were all paid back IIRC.

  14. #14
    pronouns - he/haw Nanners's Avatar
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    Default Re: Coronavirus shaping the political landscape

    The Obama bailouts had a rate of return of 0.6% over a time period where the stock market grew by more than 100%.

    If anyone wants to loan me money at 0.6% ill gladly take it.

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