Socialism: Everyone Trying To Live at the Expense of Everyone Else. by maneco64

steemleo · @maneco64 · Mar 21 '20 (edited)

$1.13

Socialism: Everyone Trying To Live at the Expense of Everyone Else.

#socialism #economics #freelunch #economis


![Screenshot 2020-03-21 at 19.52.17.png](https://cdn.steemitimages.com/DQmdUET6sbcT9aRr2Mmfi3kyHVaTZmYD6hWSSSCskc2EHU1/Screenshot%202020-03-21%20at%2019.52.17.png)


I  was supposed to be in Breda, Holland today speaking at an investment conference. Flights and accommodation paid for and €500 to speak for about 40 minutes. I was looking forward to it as it would have been a first for me. I ended up losing about £100 as I got a partial refund for the return flight to Rotterdam. I guess I could try to recover the £100 from the organisers but on the other hand, I never got there. Am I going to claim any of this from the chancellor? No, as I don’t think strangers should cover my loss as I made the decisions that led to the current situation. So why should people be compensated by taxpayers (me) because their jobs have evaporated as well! Where does one draw the line?

👍 greenman, payroll, smartvote, teammo, cve3, voxmortis, maneco64, agrostis, preparedwombat, quochuy, realestatecoach, criptomonedastv, oldman28, smartbee, kromtar, btcmillennial, lovemetouchme2, dune69, beunconstrained, saamychristen, ronmamita, roy2016, j3dy, meoweo, spinvest-leo, igrinov, rollingthunder, sudoku, rollandthomas, rob-of-oz, jonnyrevolution, moeenali, alial, nordal, biebel36, failarmyvideos, aaagent, kyusho, the-reginald, columbiasc, kamicurate, markcze, thylbom, th0mas, techken

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@oldman28 · Mar 21 '20

I (and probably many reader here) would like to see no bail out for bankers or any business.  If business can always ask for "welfare" then with current executive bonus calculation it gives them incentive to take more risk than otherwise for a better payday.  
But of course we have helicopter money now in many countries in the name of virus pandemic relief.  Just how long can this financial system last you think?

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@cve3 · Mar 22 '20

$0.03

Yes, it looks like a sinister takedown is around the corner.

👍 cve3

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@rollingthunder · Mar 22 '20

This personal example you have shared is just one mans loss of economic value.  A loss of 100 Euro.  This amount will not bankrupt you personally, but 100 euro loss per per amounts to millions of lost value per person, over the entire globe.  Supply chains and economic loss is not been into the stock markets.  Watch out for Monday

Posted via <a href="https://steemleo.com/">Steemleo</a>

👍 rollingthunder, thunderrolls, leo.curator

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