Should First World Nations give away their comfort of living to Third Worlds (78)
TheRedSquirrel87: It's not writing off the debt which is important it's tackling the causes of debt. The primary cause is producing more in value than we pay in wages with credit filling the gap to absorb the surplus production.
Credit should not be used in this way and the idea is lend some money to people with bright ideas and brilliant plans to make more money. It's borrow money to make money.
Credit should not be used in this way and the idea is lend some money to people with bright ideas and brilliant plans to make more money. It's borrow money to make money.
That is the goal of every economist Obs and should be for everyone. Do you watch the Shark Tank? A very good program offered to inventors of ideas that make their existing business hits the optimum by borrowing money to these investor. On channel 355 here in the US. Google Shark Tank and it confirms exactly your point.
TheRedSquirrel87: It's not writing off the debt which is important it's tackling the causes of debt. The primary cause is producing more in value than we pay in wages with credit filling the gap to absorb the surplus production.
Credit should not be used in this way and the idea is lend some money to people with bright ideas and brilliant plans to make more money. It's borrow money to make money.
Credit should not be used in this way and the idea is lend some money to people with bright ideas and brilliant plans to make more money. It's borrow money to make money.
That is the goal of every economist Obs and should be for everyone. Do you watch the Shark Tank? A very good program offered to inventors of ideas that make their existing business hits the optimum by borrowing money to these investor. On channel 355 here in the US. Google Shark Tank and it confirms exactly your point.
TheRedSquirrel87: Hiya Lindsy :-)
Good morning Obs.
TheRedSquirrel87: It's not writing off the debt which is important it's tackling the causes of debt. The primary cause is producing more in value than we pay in wages with credit filling the gap to absorb the surplus production.
Credit should not be used in this way and the idea is lend some money to people with bright ideas and brilliant plans to make more money. It's borrow money to make money.
Credit should not be used in this way and the idea is lend some money to people with bright ideas and brilliant plans to make more money. It's borrow money to make money.
Unfortunately I don't have any bright idea how to re-couple the link between productivity and wages(a link which was severed in the 1970s - i.e. when boomers began to make their presence felt).
Also, what's best for the economy and what people democratically want are not the same. No one is that practical anymore. And at best they will unahppily accept the wisdom of people who know better. Such as the EU, not that the EU is right, but the idea of focusing trade towards rough economic equals and those culturally similar will greatly help us to re-attach what a person gets paid to the value of what they produce. Economic nationalism, or at least some sort of regionalism, needs to come in place of globalism if we are to manage the fallout without resorting to a global super state.
TheRedSquirrel87: Unfortunately I don't have any bright idea how to re-couple the link between productivity and wages(a link which was severed in the 1970s - i.e. when boomers began to make their presence felt).
Also, what's best for the economy and what people democratically want are not the same. No one is that practical anymore. And at best they will unahppily accept the wisdom of people who know better. Such as the EU, not that the EU is right, but the idea of focusing trade towards rough economic equals and those culturally similar will greatly help us to re-attach what a person gets paid to the value of what they produce. Economic nationalism, or at least some sort of regionalism, needs to come in place of globalism if we are to manage the fallout without resorting to a global super state.
Also, what's best for the economy and what people democratically want are not the same. No one is that practical anymore. And at best they will unahppily accept the wisdom of people who know better. Such as the EU, not that the EU is right, but the idea of focusing trade towards rough economic equals and those culturally similar will greatly help us to re-attach what a person gets paid to the value of what they produce. Economic nationalism, or at least some sort of regionalism, needs to come in place of globalism if we are to manage the fallout without resorting to a global super state.
Ideally we'd have a drastic revision of the European Union. Rather than bringing in the Turks, bringing in this nation which was once proud and is slipping into the abyss of a new dark age, is fanning the flames of the problems we have.
Rather than bringing in the Turks we should letting the Italians, the Greeks and the Spanish go. They may be Europeans but they're a whole different way of life and it does not work to mesh us all together. What has happened is that Germany has extended credit to Southern Europe in order for Southern Europe to buy German exports. The relationship between Germany and Greece through the EU is not at all different in kind than the relationship between the west and the east through globalism.
TheRedSquirrel87: Unfortunately I don't have any bright idea how to re-couple the link between productivity and wages(a link which was severed in the 1970s - i.e. when boomers began to make their presence felt).
Also, what's best for the economy and what people democratically want are not the same. No one is that practical anymore. And at best they will unahppily accept the wisdom of people who know better. Such as the EU, not that the EU is right, but the idea of focusing trade towards rough economic equals and those culturally similar will greatly help us to re-attach what a person gets paid to the value of what they produce. Economic nationalism, or at least some sort of regionalism, needs to come in place of globalism if we are to manage the fallout without resorting to a global super state.
Also, what's best for the economy and what people democratically want are not the same. No one is that practical anymore. And at best they will unahppily accept the wisdom of people who know better. Such as the EU, not that the EU is right, but the idea of focusing trade towards rough economic equals and those culturally similar will greatly help us to re-attach what a person gets paid to the value of what they produce. Economic nationalism, or at least some sort of regionalism, needs to come in place of globalism if we are to manage the fallout without resorting to a global super state.
Well, there was a brief respite just after the financial crash where people adopted a practical humility. For maybe 18 months there was something genuinely different in the air and the gap between productivity and wages briefly narrowed. Some have kept the memory alive and it's arguable that things are on a better track than they were pre-recession. Nonetheless most are now back to what they were in 2006 only they dislike immigrants more than they did then.
123whisper: Interesting point.
thanks,
it is what it is...
TheRedSquirrel87: Well, there was a brief respite just after the financial crash where people adopted a practical humility. For maybe 18 months there was something genuinely different in the air and the gap between productivity and wages briefly narrowed. Some have kept the memory alive and it's arguable that things are on a better track than they were pre-recession. Nonetheless most are now back to what they were in 2006 only they dislike immigrants more than they did then.
I mean what happened at the beginning at the recession is people and industry became self-reflective. For a brief time then the world wasn't at fault, you were. And many of the worst business practices were thrown to the wall which lowered the cost of the product to the consumer. This means that your buying power increased although your wages stayed nearly the same.
TheRedSquirrel87: Projecting is something you do without realising. I know I'm talking about me you silly sod.
nice try you pretentious little dweeb.
you said,"You use it for the 90% of your thoughts you filter out of real life so you can still have friends".
projection....
can be defined as unconsciously assuming that others share the same or similar thoughts, beliefs, values, or positions on any given subject.
purr4mance: nice try you pretentious little dweeb.
you said,"You use it for the 90% of your thoughts you filter out of real life so you can still have friends".
projection....
can be defined as unconsciously assuming that others share the same or similar thoughts, beliefs, values, or positions on any given subject.
you said,"You use it for the 90% of your thoughts you filter out of real life so you can still have friends".
projection....
can be defined as unconsciously assuming that others share the same or similar thoughts, beliefs, values, or positions on any given subject.
I'm clearly talking about me if you read between the lines you god damn autistitard
TheRedSquirrel87: I'm clearly talking about me if you read between the lines you god damn autistitard
I mean that affectionately. i love you really
Awww, am I missing something?!
What a loving atmosphere on a thread like that...
Is it the International "Like your fellow posters" Day?
What a loving atmosphere on a thread like that...
Is it the International "Like your fellow posters" Day?
lemonsieur: yeah, i really love them.
Everyone needs a bit of love now and then...
lemonsieur: when at the cost of self respect i don't do so.
i'm pretty ridiculous as a person like most of us but pretty solid about it.
er......good man.....i'm pretty ridiculous as a person like most of us but pretty solid about it.
and whats the price of stinky fish over there.....
cause i have two greek friends on here..who love it...... 
truheart1941: er......good man..... and whats the price of stinky fish over there..... cause i have two greek friends on here..who love it......
I wouldn't know man, stinky fish are not my specialty.
fresh and fairly nutritional fish are SOMETIMES less expensive here than other places. but you need to know how to get them. and then it's the cooking and the eating that makes a fish worthwhile. here, we have a long tradition of making the best out of it, (much different to mass production). so i suppose it's a delicate thing you 'll experience when you come over :)
take care :)
i was veggy for a few years so it feels weird to talk about how good the fish are,... still i try to be respectful in my eating and my killing.
;)
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Hiya Lindsy :-)