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Zero American economists predicted the USSR would have breadlines

After it happened they were like *oh sure, Milton Friedman p...
https://imgur.com/a/o2g8xYK
  05/21/25
do economists ever generally agree on a future prediction an...
hank_scorpio
  05/21/25
They all agree that communism causes breadlines now. They ev...
https://imgur.com/a/o2g8xYK
  05/21/25
yes, they are very good at going backwards and describing wh...
hank_scorpio
  05/21/25
They don't know shit about China either.
https://imgur.com/a/o2g8xYK
  05/21/25
The breadlines at the tail end of the USSR were caused by th...
.- .-. . .-. . .--. - .. .-.. .
  05/21/25
Yeah it only happened one time in the history of the USSR. T...
https://imgur.com/a/o2g8xYK
  05/21/25
No breadlines under Stalin. If you lined up like that they w...
.- .-. . .-. . .--. - .. .-.. .
  05/21/25
it mostly caused stagnant mediocrity it was probably real...
Gloostick
  05/21/25
It's the only reason Russia modernized in the first place. S...
https://imgur.com/a/o2g8xYK
  05/21/25


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Date: May 21st, 2025 7:56 PM
Author: https://imgur.com/a/o2g8xYK


After it happened they were like *oh sure, Milton Friedman predicted that" but he didn't.

(http://www.autoadmit.com/thread.php?thread_id=5728630&forum_id=2).#48952160)



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Date: May 21st, 2025 7:57 PM
Author: hank_scorpio

do economists ever generally agree on a future prediction and turn out to be right? the entire field is buoyed by the fact that there is always at least one of them right about most things but they aren't actually doing science and just making shit up so they can never agree

(http://www.autoadmit.com/thread.php?thread_id=5728630&forum_id=2).#48952169)



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Date: May 21st, 2025 8:00 PM
Author: https://imgur.com/a/o2g8xYK


They all agree that communism causes breadlines now. They even think they predicted it.

(http://www.autoadmit.com/thread.php?thread_id=5728630&forum_id=2).#48952175)



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Date: May 21st, 2025 8:01 PM
Author: hank_scorpio

yes, they are very good at going backwards and describing what happened while making up reasons but it never results in a predictive model and you end up with that Burry guy becoming famous because the entire field can't spot the biggest bubble in history

(http://www.autoadmit.com/thread.php?thread_id=5728630&forum_id=2).#48952176)



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Date: May 21st, 2025 8:05 PM
Author: https://imgur.com/a/o2g8xYK


They don't know shit about China either.

(http://www.autoadmit.com/thread.php?thread_id=5728630&forum_id=2).#48952181)



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Date: May 21st, 2025 8:04 PM
Author: .- .-. . .-. . .--. - .. .-.. .

The breadlines at the tail end of the USSR were caused by the introduction of market pricing for trucking services in an economy with no credit system. People couldn't pay truckers. Truckers wouldn't work. Good literally rotted. Soviets fixed for that by threatening death and labor camps for refusing to work but then Gorby got all civilized and stopped enforcing Soviet labor laws.

(http://www.autoadmit.com/thread.php?thread_id=5728630&forum_id=2).#48952179)



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Date: May 21st, 2025 8:07 PM
Author: https://imgur.com/a/o2g8xYK


Yeah it only happened one time in the history of the USSR. That's why it was a big deal. If communism caused breadlines, Russians would have been used to them by the 1980s.

(http://www.autoadmit.com/thread.php?thread_id=5728630&forum_id=2).#48952182)



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Date: May 21st, 2025 8:09 PM
Author: .- .-. . .-. . .--. - .. .-.. .

No breadlines under Stalin. If you lined up like that they would beat you within and inch of your life. You starved quietly..

(http://www.autoadmit.com/thread.php?thread_id=5728630&forum_id=2).#48952184)



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Date: May 21st, 2025 8:17 PM
Author: Gloostick

it mostly caused stagnant mediocrity

it was probably really chill if you're a midwit loser, redditor heaven

(http://www.autoadmit.com/thread.php?thread_id=5728630&forum_id=2).#48952207)



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Date: May 21st, 2025 8:18 PM
Author: https://imgur.com/a/o2g8xYK


It's the only reason Russia modernized in the first place. Sorry your birdshit history teachers didn't know that.

(http://www.autoadmit.com/thread.php?thread_id=5728630&forum_id=2).#48952210)