What Does A Modern Economic Collapse Look Like ?

[2ADMNLOVER]

It looks like everyone waiting in line at the atm only to be able to get out $1.00 a day .

It looks like hyperinflation , bread lines , kidnapping and sky rocketing murder rates .

Take a look at Venezuela

https://youtu.be/vrnYdJWY2zM

 

[bobzilla]

so it looks like chicago? Wait... detroit.

 

[actaeon277]

https://www.yahoo.com/news/sick-detroit-teachers-prompts-43-school-closures-053210583.html

 

[zippy23]

but the good liberal would say that bernie sanders socialism isnt like their socialism. Then when you ask the to give examples, they will just call you a racist bigot and then run away.

 

[BogWalker]

but the good liberal would say that bernie sanders socialism isnt like their socialism. Then when you ask the to give examples, they will just call you a racist bigot and then run away.

I hate that about Communists. When confronted about Communism failing horribly and killing millions their only rebuttal is something like "well my particular brand of extra-special Communism has never been tried and is guaranteed not to fail."

Heard it all before pinko, and it's always been wrong.

Oh, and before somebody calls me out on it, I know socialism and communism aren't the same at the government level. The effect on the general public though, low wages, starvation, disappearances, censorship, a practical police state, etc., is pretty much the same.

 

[Dosproduction]

Good thing where not a socialist country then..... Oh wait

 

[BogWalker]

Good thing where not a socialist country then..... Oh wait

Find a first world nation that hasn't adopted a few socialist policies. I don't think there are any. Doesn't make it the basis of our economic or governmental system as a whole though. Doesn't make it right to have such policies either.

When government abolishes private business ownership then we'll talk.

 

[OutdoorDad]

The problems with Venezuela go far beyond their current economic system. But their economic problems are certainly not insignificant.
They haven't had a "middle class" in the past 50 years.
The gap between the "haves" and the "have nots" has been widening for generations.
Graft, political corruption, desperate people doing desperate things.


We aren't witnessing an economic crisis. We are witnessing the failure of a Government. Expect a military coup soon. HOPE for a military coup. The failure of a State the size and importance of Argentina will have far reaching consequences.

Mexico is not too far behind. IMHO.

 

[2ADMNLOVER]

The problems with Venezuela go far beyond their current economic system. But their economic problems are certainly not insignificant. They haven't had a "middle class" in the past 50 years. The gap between the "haves" and the "have nots" has been widening for generations. Graft, political corruption, desperate people doing desperate things. We aren't witnessing an economic crisis. We are witnessing the failure of a Government. Expect a military coup soon. HOPE for a military coup. The failure of a State the size and importance of Argentina will have far reaching consequences. Mexico is not too far behind. IMHO.

Looks like Puerto Rico may not be far behind either.

 

[Kirk Freeman]

Let's see how democratic socialism is progressing: How bad is it in Venezuela? Soldiers are stealing goats

 

[pudly]

You might want to read this book about a modern economic collapse by a man who went through it in Argentina in 2001. Does a good job on explaining what happens within the society, economics, money, crime, etc. Includes lots of realistic preparation recommendations.

The Modern Survival Manual: Surviving the Economic Collapse

 

[pudly]

Note from the video at around 7:25, where it shows the "Zona Libre De Armas" signs (Gun Free Zones). They aren't very effective there either.

 

[Spear Dane]

This is enlightening.

One Year In Hell?Surviving a Full SHTF Collapse in Bosnia | Silver Doctors

 

[ArcadiaGP]

Dystopia: Venezuelans Are Now Killing Cats, Dogs, and Birds For Food Because Socialism Can't Provide - Matt Vespa

 

[Kirk Freeman]

Dystopia: Venezuelans Are Now Killing Cats, Dogs, and Birds For Food Because Socialism Can't Provide - Matt Vespa

A wise man once said, "socialism is like a nude beach . . . "

 

[Kirk Freeman]

Hungry people march in the street for food and toilet paper, democratic socialists respond with helicopters and tanks:

Latin American Herald Tribune - Venezuela Unleashes Tanks as 4 Killed, 1,200 Arrested

 

[actaeon277]

I feel sorry for those people.

But the way we are going, I see that happening here.
Too many people believe the siren call of socialism.

 

[Shadow8088]

I love when people think Communism and Socialism are the same thing...

 

[actaeon277]

Difference Between Socialism and Communism | Difference Between | Socialism vs Communism

Socialism is commonly regarded as an economic system that seeks to achieve equality among members of society. Communism, on the other hand, is both an economic system that seeks equality among members of society and a political ideology that advocates a classless and stateless society and rejects religion. It is regarded as a more extreme form of socialism.

 

[Shadow8088]

1. Socialism is an economic system while communism is both an economic and political system.
2. In socialism, the resources of the economy are managed and controlled by the people themselves through communes or councils while in communism, management and control rest on a few people in a single authoritarian party.
3. Socialists distribute wealth to the people based on an individual’s productive efforts while communists farm out wealth based on an individual’s needs.
4. Socialists can own personal properties while communists can not.
5. Socialism allows capitalism to exist in its midst while communism seeks to get rid of capitalism.


Wait... what? Point number 3 can't be right... Socialists only want free stuff... I heard it on INGO!