Monday, February 13, 2012

Is Warren Buffet , Australia , China, Germany and France proof that socalism works?

When Warren Buffett looks at America's economy, he sees recovery.













In the interview, Buffett says “we’re on the right course” and encourages President Obama to speak with “enormous confidence” about the country’s economic future. He says that the stimulus is working and that the economy will improve in the next two or three years.Is Warren Buffet , Australia , China, Germany and France proof that socalism works?
Those economies are not socialist. They are a capitalist-socialist mix, just like the US, the UK, France, Japan, and every other civilized country.



We should emulate the Germans though. Their economy is the 4th largest (behind US, Japan, and China) and it's still growing. They are even starting to have a trade surplus.



@Anthony, Greece collapsed because of tax evasion, not socialism. California is not related to this at all.
I dont think you understand what socialism is. Every country has to be capitalist to very large extent to support its economy. Even China. Warren Buffet is just using speculation to drive up market prices and stocks and make even more money. Its simply a speculation trick to create hype in Wall Street so people like him can cash in.



Sweden is the closest example to a socialist country but even Sweden is affected by Neo-liberalist values such as capitalism.Is Warren Buffet , Australia , China, Germany and France proof that socalism works?
Nope.

Warren Buffet is a proof that Capitalism works.

The rest, Australia , China, Germany and France, and may I add California and Greece are proof that Socialism fails.
Why do you think Australia, Germany, and France are socialist? If you told an Aussie he's a socialist he would laugh his **** off at youIs Warren Buffet , Australia , China, Germany and France proof that socalism works?
no all the countries you mention. have been failing except Buffet he is a man and China has never been socialist they are communists.
amazing liberal lying spin.......

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