Visualizing the Snowball of Government Debt

by visualcapitalist Over the last five years, markets have pushed concerns about debt under the rug. While economic growth and record-low interest rates have made it easy to service existing government debt, it’s also created a situation where government debt has …

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The government doesn’t “give” money, it takes it from one group and gives it to another. In the process it picks who the money goes to. That’s “crony capitalism” aka socialism.

via capitalismmagazine:   There’s capitalism, and then there’s “crapitalism” — crony capitalism. Capitalism is great because it lets entrepreneurs raise money so they can scale up and get their products and services to more people. If there is free competition, innovators …

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