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Old September 16th, 2017, 08:35 AM   #11
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Originally Posted by Quigley View Post
Actually spending too much will do it no matter what system you use.
So why this obsession with what is the defining feature of the system.
Almost every business goes broke.
9 of 10 in the first five years, and plenty of those that have been around for awhile, why should any type of entity be spared from what is the defining characteristic of the system.

Governments go broke when the tax base erodes, and destroying the tax base is a feature of capitalism.
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Old September 16th, 2017, 09:32 AM   #12
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Originally Posted by goober View Post
So why this obsession with what is the defining feature of the system.
Almost every business goes broke.
9 of 10 in the first five years, and plenty of those that have been around for awhile, why should any type of entity be spared from what is the defining characteristic of the system.

Governments go broke when the tax base erodes, and destroying the tax base is a feature of capitalism.

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