re: What Would Happen To The US Economy If Everyone Lived Modest?

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wherever you went to HS needs to be burnt to the ground


and you claim to pay attention to politics

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We don't produce nearly as much as we used to. I wrote a paper on this in a political science class (I actually received an A and no it wasn't because the professor felt sorry for me. It actually was used as an example later in the semester).

In short, I simplified it by breaking down the world economy into 6 different countries. The economy of 5 countries were mainly based around what they produced. The 6th country's economy depended mostly on buying good from the other 5 countries and selling those goods.

If banks stopped loaning as much money and there is less money in circulation, it would have the biggest effect on the country that doesn't produce anything.. While it would hurt the other countries, they still are able to make things that are being bought, but in the 6th state, businesses have to shut down which means more people are jobless so less money is being spent. It creates a less stable economy.

There is a lot more to it, but the 6th country depends too much on the other countries and doesn't offer as much to the other countries, in order to have a more stable economy. It depends on its own people to distribute their to businesses in order for them to stay open. And that is the only way they survive.

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short, I simplified it by breaking down the world economy into 6 different countries.

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What did you name the countries?

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In short, I simplified it by breaking down the world economy into 6 different countries. The economy of 5 countries were mainly based around what they produced. The 6th country's economy depended mostly on buying good from the other 5 countries and selling those goods.

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If the 6th country (let’s call it OwakandeO) doesn’t produce much of anything, how are they getting the capital to import goods from countries 1-5?

Does OwakandeO have some abundant source of a valuable raw material that allows them to sell it to 1-5 and the profits are so great that the ruling class is willing to share it with the general populace?
Is OwakandeO producing its own food? What do the people do if there isn’t industry driving it?

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(I actually received an A and no it wasn't because the professor felt sorry for me. It actually was used as an example later in the semester).

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as the sort of D level excellence a retard can achieve if you lie to them?




seriously, when your parents God bless them , convinced your parish to let you go to school with the normal kids you were done a disservice

its obvious your teachers disliked you as much as the rest of us and the gave you passing grades so they wouldnt have to see you again

you actually claimed that socialism was a form of capitalism,, or capitalism was a type of socialism earlier in this very thread,

don't trot out this " one time my professor was pleasantly surprised at my crayon drawings" as some measure of success you stupid piece of shite

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like the 1960s

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Businesses wouldn’t have to waste so much money on ADA compliance

And extra seats at Minute Maid for the World Series

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You think the average person only drives 12k-15k a year? No fricking way. I’d say the average, working, active person at the very least drives 20k a year.

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‘Average’, by it’s very definition, means everything from the old grandma who only drives to church on Sunday.. to an Uber driver who drives thousands of miles per week... Your mileage is very high, nothing wrong with that, just that’s a lot of miles.

ETA: see the graph posted above for proof that you’re incorrect

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Well if vehicles were made like they used to be people would keep them longer.

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Hondas and Toyotas of today go for hundreds of thousands of trouble-free miles. I'm in my 50s, when I was growing up people would be scared of a vehicle when it reached 6 digits, now a Toyota ain't even broken in at that mileage.

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What Would Happen To The US Economy If Everyone Lived Modest?

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The way your illiterate arse mistakenly phrased the OP, we’d be a nation of “Never Nudes” and this would apply-

The economy would decline. Less purchases mean less goods manufactured.