Debt Rattle January 15 2018

 

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  • #38270

    Elliott Erwitt Jack Kerouac 1953   • Nearly 40% May Default On Their Student Loans By 2023 (Brookings) • 3 Years After Currency Shock, Swiss Cent
    [See the full post at: Debt Rattle January 15 2018]

    #38271
    V. Arnold
    Participant

    The god’s be good; even the Swiss have been sucked into the global vortex; we’re lost for sure.
    I would vote for a debt jubilee; but fear we’ve learned nothing; and it would be wash, rinse, repeat…
    Edward Bernays loosed the Harpies of marketing and the shiny upon an unsuspecting public and we’ve paid the price ever since; consumer debt. And way beyond our means…
    Not optimistic on any front; we’ve played well beyond our ken…

    #38272
    zerosum
    Participant

    @ Arnold
    Yepp!
    Let’s relax,
    Let’s take a refreshing drink
    Let’s admire all the sunrises
    Stay calm
    Don’t worry about what you cannot change

    Have some popcorn

    #38274
    Nassim
    Participant

    When it comes to strategic idiocy, the USA beats everyone else hands down.

    The Trump administration policy in Syria is finally coming into daylight. It has decided to permanently separate north-east of Syria from the rest of Syria with the rather comical idea that this will keep Iranian influence out of Syria and give the U.S. a voice in a final Syrian settlement

    These soldiers are sitting ducks. If the Americans attack Iran in any way, they people will not even leave in body bags. There are so many people over there who want to “kill an American” Even their Kurdish “allies” could switch sides overnight.

    #38275
    Nassim
    Participant

    It always gives me great pleasure when the scamsters who are ripping off Blacks in the USA get caught up in a trap of their own making. And on MLK day!

    Democratic Candidate For Illinois Attorney General Mugged At Gunpoint During Chicago Photo Shoot

    This particular scumbag “Democratic ward committeeman for the 33rd Ward and a resident of Albany Park” – White and probably Jewish – is one of those people whose have engineered the dependency culture of the USA.

    100 years ago, the Blacks lived in neighbourhoods with other Blacks and went to Black schools and so on. On the other hand, there were Black farmers, Black bakers, Black shoemakers, Black smiths, Black restaurants, Black shops, Black cinemas. Black plumbers and so on.

    Ending segregation was a sure way of destroying the Black family, economy and society.

    If a woman only gets money from the government when there is no man in the house, the result is pretty obvious. If a person pays the same tax on income regardless of how many mouths he/she has to feed, the result is obvious too.

    #38276
    Nassim
    Participant

    “The Wolverhampton-based company, which had racked up more than £900m in debts and a £587m pension deficit, …Philip Green, the company chairman, said …”

    Recriminations fly after Carillion collapses

    What delicious irony!

    Does anyone remember the more notorious Philip Green? The one who ran famous British retail chain into the ground and took off to Monaco and Israel so as not to have to pay taxes. His pension deficit was £571 and he got to keep his knighthood.

    Philip Green agrees to pay £363m into BHS pension fund

    What disgusting people – but much admired by the FT when they are busy taking the “fat” out of their companies. Spivs the lot of them. They would never be able to get away with these scams if the press were not on their side.

    #38278
    V. Arnold
    Participant

    zerosum

    Don’t worry about what you cannot change.

    Indeed.

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