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Posts
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@jen_jen wrote:
* giving thanks that I don’t have any savings to worry about *
well, I’ve hardly got a lot of savings…
but you make me feel as though I’m very selfish :oops:
Nooooooooooooo I’m just counting my blessings…every cloud has a silver lining and all that.
Martin has hit the nail on the head in my opinion …. except for the last part where he mentions fertilisers/pesticides (unless he’s referring to non-chemical ones), so many things started going wrong due to them (healthwise), although the companies making them, made millions.
Monsanto … just to name one.
There are plenty of vidoeclips/films on you tube about them, came across this interesting one whilst browsing Martin’s clip on the dolphins.
It’s a bit long but worth watching, as it’s an eye-opener.The world needs to slow down.
what kind of savings we talking about here?…………..large amounts going into tens of thousands or your isa saver in the high street?
in a crisis as large as the threatened one, I’m afraid that savings as small as yours and mine, tinks, would be wiped, and the government guarantee would count for zilch.
But I can’t imagine it happening, though it could go up to the line on 17 October.
Blossom, I can see how nice a localised economy and people helping one another would be. Cooperation is very important. I don’t see it as an answer to the present crisis – in fact, the nutters causing the crisis are all local action people – and as for how to get from here to that local economy, and whether most of us would want to live in such an economy, is a different question.
By fertilisers and pesticides, I mean they rely on the use of oil. And oil is going to be more expensive and scarcer. So we need to gradually change our methods of agriculture and farming. Of course, there will always be a place for national and transnational business, but we do need to have a more locally-based economy. I am very much supportive of the ideas of the New Economics Foundation and I am a member of the Green Party.
It looks bad in the US at the moment, with failure to agree on lifting the debt ceiling by tomorrow.
Sounds technical, abstruse?
What are the consequences for you and me? “You don’t want to know” said Jamie Dimon, bossman of JPMorgan Chase. By the start of November, a genuine catastrophe, putting 2008 in the shade. This is not the bankruptcy of a big bank like Lehman Brothers bringing down all the rest of the banks. This is the bankruptcy of the United States.
But
Obama will, must, act unconstitutionally and just ignore the debt ceiling – keep on borrowing.
The alternative is unimaginable. They’ll try to indict him, but they won’t succeed. The Senate won’t impeach.
Let’s hope all the uncertainty won’t happen, so that we can continue talking about other, more amusing things
and let’s hope he does that
Phew!
Looks as though this is settled – until Feb, when it all plays out again :roll:
What a way to run an economy.
An economy is supposed to provide us security so we can get on with the things that matter in life – whether it be killing spiders or going to a play.
The sooner we can get to that type of stability and security, the better.
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