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Posts Tagged ‘democracy’

Concentric Circles of Recession

We Are Not Out of the Falling Bubble Woods Yet.
I heard a joke the other day, that might have been funny if it weren’t so close to the truth.
“The last will and testament of the Icelandic financial sector requested their ashes be spread over Europe”. I loved what my husband’s friend said in response to [...]

Opting Out of Serfdom

Day to Day Living in the New Paradigm
 
In my last two blogs I talked at length about predatory lending and the debt economy getting us into trouble as a nation and as individuals.
We need to step out of the culture of easy money and magical thinking that allowed Ponzi schemes like Bernie Madoff- but not [...]

Serfdom in the Global Economy

Obama Bailing Out the Banks
In my last post, I talked about debt from the point of view of the individual getting off the wheel of bondage. Today I want to talk about debt again, but from the point of view of the Macro.
Why? Because we can’t talk intelligently about our own money actions without talking [...]