The National Debt Clock

[ib.me.ub]

Tiberius Wrote:Please explain how the sectors are "so" intertwined, and how they cannot be unwoven.

The Govenrment relies on taxes fron the public sector to operate & implement vital infrastructure. The income from these taxes is, in turn, is used to purchase services from the private sector, which, in turn, turns a profit and pays taxes. An around it goes.

The public sector also regulates the private sector, allowing it to fuction smoothly, honestly & reliably.

They also rely on each other for resources. Either being knowledge, labour or materials.

The two sectors cannot fuction properly, within this system, without one other.

Adrain Wrote:The government bailed out the banks to protect the economy.

What do you think would have happened if the Governments didn't bail out the banks.

Tiberius Wrote:I never said a company needs growth forever; that would be absurd.

So please explain how the growth would/will stop. If you take a look at any historical charts, they show growth over the long term, if the growth stagnates or stops, the company usually reclines or dies. I find it hard to beleive that it is possible for a company to reach a 'steady state'. As the expectations of greater returns grow, the company is forced to expand to keep its investors happy.

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Tiberius Wrote:(and humans make mistakes).

But you would think they would learn from their mistakes.