World Collapse Explained in 3 Minutes

[SamGriffin]

http://www.youtube.com/watch?v=NOzR3UAyXao&feature=player_embedded

[gordonrumble]

That was funny!

Yep, excessive government debt is a bad idea. Unfortunately, it's a hard political sell to cut services and raise taxes to pay it back. People usually want either lower taxes or more services, and won't vote in the 'take all our money and give it to other people' candidate.

[51M0n]

I love Dawe and Clarke's explanation of the GFC, their explanation of banking is hilarious http://www.youtube.com/watch?v=f8rDLQj9zgI&feature=related

[TrackJunkie]

I read a fascinating article about something called the "double santa" effect or something like that. It explained how liberals used to be all about spending money, while conservatives were about financial responsibility, but people liked getting things from the government so that made the liberals very popular, almost like santa claus. The conservatives then turned it around by advocating tax cuts AND military spending, which made them into a "double santa" since they were letting people keep more of their money AND creating military jobs.
All of this bullshit is completely unsustainable, and that's coming from a self-described liberal.