Biden expected to announce $10,000 student loan forgiveness

Discussion in 'Politics' started by Tony Stark, Aug 23, 2022.

  1. Ricter

    Ricter

    I prefer all who expect to eat, to work. The world has no need for money renters, never has. Large new projects are no excuse, they, and the maintenance of those already built, are what are destroying the biosphere right now.
     
    #71     Aug 25, 2022
  2. UsualName

    UsualName

    The world has a great need for for finance. Public bonds built this country. In the private sector the allocation of capital is necessary for major advancement. Almost every advancement is driven by debt.

    Debt seems to be a bad word but anyone who took economics understands that debt can represent an educated population or a major health advancement, electrical grids and highway systems.

    Not trying to butt in but wanting to make a point about finance and debt. Value of the debt is often overlooked.
     
    #72     Aug 25, 2022

  3. No need for money renters??

    Sorry dont understand that. People who cannot afford to own or who plan on living in a city or a town for a short period of time want to rent a aplce to live.
     
    #73     Aug 25, 2022
  4. Tsing Tao

    Tsing Tao

     
    #74     Aug 25, 2022
  5. Ricter

    Ricter

    You know there was a time before finance and rentiers, right? Not exactly a short time, either.

    This is really a matter of values, not a problem, so it's unsolvable.
     
    #75     Aug 25, 2022
  6. Ricter

    Ricter


    How to Profit Off of Europe’s Energy Crisis
     
    #76     Aug 25, 2022

  7. yeah.....back at Jamestown
     
    #77     Aug 25, 2022
  8. Ricter

    Ricter

    Back when our society was sustainable. This one isn't. Therefore it will not be sustained.
     
    #78     Aug 25, 2022
  9. 400 years strong
     
    #79     Aug 25, 2022
    UsualName likes this.
  10. Ricter

    Ricter

    Blink of an eye*.

    I think we were sustainable up to the point we started tapping the one-time endowment of fossil fuels, around 1750. I mean, I hope humanity can survive on the technology of that time. We have to deduct energy drawn from whale oil, and slaves of course. Anyway, unfortunately, that tapping ballooned the world's population far above what contemporary energy inputs can sustain. Not to mention the drawdown of other one-time endowments, like pollution sinks, and minerals (there's even a sand shortage, lol).


    *Americans think 100 years is a long time, and Europeans think 100 miles is a long way.
     
    #80     Aug 25, 2022