"MAMA ECONOMY" (THE ECONOMY EXPLAINED) ORIGINAL SONG by TAY ZONDAY

[Biannoshufu]

maybe I'm just really high but I giggled through this whole thing.

 

[Frank]

That.....was actually pretty good.

 

[LittleSin]

Yeh. That was pretty informative!

 

[Ravenpoe]

Cool song, but I'm mostly just happy to see Tay Zonday back.

 

[Bones]

yep, pretty much what he said is the reality. we are heading for a crash.

 

[strawman]

yep, pretty much what he said is the reality. we are heading for a crash.

I didn't get that from the song. I got:

* Our wealth is built on debt
* The most recent crash is an inevitable correction that will always occur when debt outstrips income
* Debt will always outstrip income eventually - income doesn't grow as fast as debt in our economy
* Wall street and banks generate wealth by creating more ways to give people more debt - which is why it always outstrips income

I didn't get the message that another (worse?) crash is imminent...

 

[Dave]

Our economy is built on a house of cards of increasing debt. Our "representatives" are unwilling or unable to fix the system that props up not only themselves (through insider trading or perks) but their true constituents - big business.

The Occupy protesters are actually attempting to bring inequalities like this to light, but government rules the militarized police force and the press, so they are not making any appreciable headway.

The most probable outcome will be either a huge war or total collapse.

 

[Chibibar]

I didn't get that from the song. I got:

* Our wealth is built on debt
* The most recent crash is an inevitable correction that will always occur when debt outstrips income
* Debt will always outstrip income eventually - income doesn't grow as fast as debt in our economy
* Wall street and banks generate wealth by creating more ways to give people more debt - which is why it always outstrips income

I didn't get the message that another (worse?) crash is imminent...

I think the problem is that debt is getting higher and higher but not enough income to ofset it. We (the U.S.) keep raising debt and hoping the future will make it better. Crash is imminent but the government keep postponing it via Bail out money.

 

[@Li3n]

The most probable outcome will be either a huge war or total collapse.

Or you know, we'll just keep doing the whole boom and bust thing that's been going on since i have no interest in looking up when, but way before the 1920's, and it will only come up again the next time people get cocky enough to delay the bust part too much by doing all sort of "creative" things...