We screwed up. So, what should we have done?

[Anonymous]

It is not the fault of any one generation, they all took part in what was considered a “free lunch”. Well it turns out that they were all wrong and we cant survive on trading paper and flipping houses. It was all centrally controlled by the central banks, just like the centrally controlled soviet union, it is going to fail. Not to mention the magic of interest going exponential and the inability of the interest to be paid.

The only answer is a complete worldwide Jubilee. the complete forgiveness of all debts by everyone, everywhere. Then a complete change of the banking and money systems. Any other answer will only favor the rich over the poor and will end in complete chaos.

StevenO

[patb]

maybe we could let the Gen X and Gen Y types beat up Baby Boomers.
They are getting old, we can take them

[patb]

maybe we could let the Gen X and Gen Y types beat up Baby Boomers.
They are getting old, we can take them

[patb]

maybe we could let the Gen X and Gen Y types beat up Baby Boomers.
They are getting old, we can take them

[patb]

maybe we could let the Gen X and Gen Y types beat up Baby Boomers.
They are getting old, we can take them

[patb]

maybe we could let the Gen X and Gen Y types beat up Baby Boomers.
They are getting old, we can take them

[kewp]

The really easy, simple, trivial fix for this is we need to put some stiff caps on national, corporate and personal debt and then *enforce* them.

On top of that; no more damn foreclosures and personal bankruptcies. Defaulting on debt should be illegal.

[kewp]

The really easy, simple, trivial fix for this is we need to put some stiff caps on national, corporate and personal debt and then *enforce* them.

On top of that; no more damn foreclosures and personal bankruptcies. Defaulting on debt should be illegal.

[kewp]

The really easy, simple, trivial fix for this is we need to put some stiff caps on national, corporate and personal debt and then *enforce* them.

On top of that; no more damn foreclosures and personal bankruptcies. Defaulting on debt should be illegal.

[kewp]

The really easy, simple, trivial fix for this is we need to put some stiff caps on national, corporate and personal debt and then *enforce* them.

On top of that; no more damn foreclosures and personal bankruptcies. Defaulting on debt should be illegal.

[kewp]

The really easy, simple, trivial fix for this is we need to put some stiff caps on national, corporate and personal debt and then *enforce* them.

On top of that; no more damn foreclosures and personal bankruptcies. Defaulting on debt should be illegal.

[patientrenter]

[quote=kewp]The really easy, simple, trivial fix for this is we need to put some stiff caps on national, corporate and personal debt and then *enforce* them.

On top of that; no more damn foreclosures and personal bankruptcies. Defaulting on debt should be illegal. [/quote]

kewp, if a hundred million baby boomers want to each have the right to completely retire and then consume a million dollars worth of goods and services, then aren’t we going to have to have all the people who will provide those goods and services indebted to the baby boomers?

[patientrenter]

[quote=kewp]The really easy, simple, trivial fix for this is we need to put some stiff caps on national, corporate and personal debt and then *enforce* them.

On top of that; no more damn foreclosures and personal bankruptcies. Defaulting on debt should be illegal. [/quote]

kewp, if a hundred million baby boomers want to each have the right to completely retire and then consume a million dollars worth of goods and services, then aren’t we going to have to have all the people who will provide those goods and services indebted to the baby boomers?

[patientrenter]

[quote=kewp]The really easy, simple, trivial fix for this is we need to put some stiff caps on national, corporate and personal debt and then *enforce* them.

On top of that; no more damn foreclosures and personal bankruptcies. Defaulting on debt should be illegal. [/quote]

kewp, if a hundred million baby boomers want to each have the right to completely retire and then consume a million dollars worth of goods and services, then aren’t we going to have to have all the people who will provide those goods and services indebted to the baby boomers?

[patientrenter]

[quote=kewp]The really easy, simple, trivial fix for this is we need to put some stiff caps on national, corporate and personal debt and then *enforce* them.

On top of that; no more damn foreclosures and personal bankruptcies. Defaulting on debt should be illegal. [/quote]

kewp, if a hundred million baby boomers want to each have the right to completely retire and then consume a million dollars worth of goods and services, then aren’t we going to have to have all the people who will provide those goods and services indebted to the baby boomers?

[Author]

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