Wednesday, February 19, 2020

Economic Questions I Couldn’t Find Answers To

Economic Questions
I always feel puzzled by what economists say. Many advocate capitalism and some, however, opine socialism is the best. If capitalism is best, why do we have recessions, stock market meltdowns, and bailouts to big businesses at the cost of the poor?

If socialism is the best, why did it collapse in the former Soviet Union in the first place, and why Bolivars are being thrown away in Venezuela?