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Posts Tagged ‘Economic Bondage’

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 [...]

The Answer To Our Credit Crisis

The Antidote to Greed in the Economic Downturn
 
In my last post I talked about leaving the chase for more is better and a sense of deprivation which fueled that chase and start living in a sense of sufficiency. I also said this would take a shift in consciousness.
In the November 10 Newsweek, in the Article, [...]

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 [...]

Debt is the New Bondage

Staying Out of Credit Card Debt
As stated in the New Yorker  in its April 13, 2009 issue, in the article I.O.U. by Jill Lepore ,”Consumer debt has been the engine of the American economy since the 1970’s and arguably longer”. I would argue not just the American economy, but the whole world consumer driven bubble [...]