What do you think would happen if the US nationalized major industries and corporations?
- DCCCLXXXVIIILv 71 month ago
The US would soon look like the Russian job market of the 1960's ---> Poverty and empty store shelves.
- tribeca_belleLv 71 month ago
It would depend on what major industries and corporations were involved and for what reason. In 2008, when the government took over AIG, for instance, it was not really cause for alarm because the economy was in freefall. In 2011, a federal court ruled that the takeover was an "illegal exaction."
- Dr. Li WenliangLv 71 month ago
We would have starvation and poverty just like when Venezuela did the same thing.
- Red FoxLv 71 month ago
Just like Cuba? Venezuela? The Soviet Union? ... everyone knows what happened there...
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- ANONLv 41 month ago
Communism and an elite oligarchy
- Anonymous1 month ago
They can try to take over my business.
I'll be all up in THEIR business, though.
Before it's over, they might lose a their jewels.
- I Like StoriesLv 71 month ago
That would be communism, good luck making that transition.
- Harry ButtsLv 61 month ago
Economic collapse, decrease in availability and quality of product.