I'm sure everyone has been following this. This is a post from Reddit: a video of Duck Tales teaching kids the laws of economics-- borrowing too much loses value! It's stunning, and almost prophetic how this video could serve as a reminder and an informer for everyone, especially those responsible for creating the bailout. To me, it really seems like it's just delaying the inevitable. Patchwork on a breaking car. Do we really think that adding more debt to save us from debt works? I swear, I may be young, but how is it that leaders of multi national corporations can't seem to get this right?
This is where it gets cloudy, but it sounds like it's a matter of policy. The philosophy of "trickle down" doesn't work. I think this is partially to do with our nature. People are greedy. They keep the money. Some things are complex only because we dodge the reality of things. Is there a way to change our policy? Can there be a system that takes human nature into better account?
Following up on that, here's a graphical representation of US debt over the past 10 years.
Posts
1 comment:
I think it should be taught in other way because sometimes kids don't comprehend, the theory is perfect but what about practices.
Post a Comment