Symmetry wrote:
How can you say it's the best when it hasn't been tried? The world economy isn't going to tank if the US reforms its healthcare. Get a grip dude.
I never said it was the best. I said it hasn't been tried. I said that the more free a market it the better the services in
general. I said "There are no solutions, only trade offs".
I see you ignored the indebted nations, the two most indebted both having socialized and government monopoly on health care.
I see you ignored all the panic about Greece when their debt isn't anywhere near that of the UK, Japan, Italy, France.
I see you don't understand the systemic risk that hinges on Greece. If they go the whole financial debt system goes with it, right along with the entire EU's economy. Which is why Greece is under the thumb of the bankers and the people are rioting in the streets.
I see you don't understand that the US dollar is (for the moment) the World reserved currency. Any debasement in the dollar causes rippled through nearly everyone because virtually everything is traded in dollars.
Any more borrowing via the printing press has consequences. Being as the US is the only nation that can legally print the world's reserve currency, your nation's economic life hinges on what we do. Until you dump the dollar that is.
The US dollar is dying, it is going to die. That's why there are bilateral agreements centered around China to bypass the dollar. It's also part of the reason Iran is in such hot water with the US since they are trading their oil without converting it to US dollars first (which we've forced them to do).
I understand and I mean no disrespect to you at all. Many don't really get the fiat currency system nor how it's all tied together. We are all tied to each other. This is by design. As I'm sure you are probably aware, it's this entanglement that helps "keep the peace" between the big powers. Namely the US and China. Being so intertwined together neither would risk war with each other.
But this is changing, China sees the writing on the wall and is steadily making progress to bypassing the dollar. Russia has already dumped half of their US paper in the last 8 months alone. Chine has been on a downward trend for the last 12 months in regards to owning US paper (thought they still hold a little over a trillion dollars of it).
The Europeans, in part to pay for their healthcare systems, have been borrowing, kicking the can and using every little bit of accounting magic to keep their unsustainable systems running. Those days are drawing to a close.
That's what it's like and the strange thing about history. What's coming is something none of us has ever lived through or seen before. The Great depression was bad enough, but the collapse of the western financial model is something else, and new. It will be historic. And that's the paradox about history. Often enough people living in those historic times don't see it for all that it is. It is only after the fact, after study do we begin to truly realize how historic something really is.
One way or another, it will be exciting at least.
Again, I mean no disrespect to you. There is no point in talking about socialized healthcare with you anymore because neither of us is going to agree with the other. So I suppose we'll have to agree to disagree.