You didn't know that America is an empire? The most powerful country that has ever existed? The one by which every other major power measures themselves? Time to do some reading I think, TV rots ur brain ;)

What you need to realize is that a minuscule percentage of economists will agree with your "saving during boom times". The money system just doesn't work like that.

As I said, my second part was reactionary to his moniker in relation to his comment, his comment is populist rhetoric and is completely incorrect from a strictly capitalist view.

People who call themselves capitalists should at least bother to get it.