possibly noteworthy wrote: Niall Ferguson: It began as a sub-prime surprise, then became a credit crunch and is now a global financial crisis. At last month's World Economic Forum at Davos there was much finger-pointing - Russia and China blamed the US, everyone blamed the bankers, the bankers blamed everyone - but little in the way of forward-looking ideas. From where I was sitting, most attendees were still stuck in the Great Repression: deeply anxious, but fundamentally in denial about the nature and magnitude of the problem.
There's a reason why every major religion has 'laws' against usary, isn't there? I think so. This article is funny, talking about mortgages and indebtedness, and no one is discussing the fact that credit card interest can go as high as 37% in some states. RE: The great repression |