Ironic that the UK wanted to lecture Germany on the merits of the NL WunderWerkSchaft .... what a load of old tosh !
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it's all a good thing really.
Who's losing out in a bankrupcy? Creditors.
So with dozens of thousands of bankrupcies, I feel there will be a lot of creditors going under too
Which means credit will be less available in the future
Which is good
@rebecanomics 2005Chico, what time is it?Comment
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Really?Originally posted by Rebecca Loos
Sure you'll feel the same when one or more of your customers goes bust?Who's losing out in a bankrupcy? Creditors.
So with dozens of thousands of bankrupcies, I feel there will be a lot of creditors going under tooBehold the warranty -- the bold print giveth and the fine print taketh away.Comment
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I'm in it
Well,
after Y2K I ended up permie, but suffering from a contractor lifestyle, borrowed from Peter to pay Paul.
Now in an IVA, facing years on uncreditworthiness.
perhaps bankruptcy was a better option.
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Rebecca, three questions:Originally posted by Rebecca Loos
1. How many mortgage companies, credit card companies or banks do you think will go under?
2. Who do you think will end up paying for all those bad debts?
3. How often in history has the bursting of a massive debt bubble, anywhere in the developed world, not been very painful for all concerned?Comment
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And the Panama one in Scotland made them get rid of their parliament and go cap in hand to England.Insanity: repeating the same actions, but expecting different results.
threadeds website, and here's my blog.
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Potted history of that here:Originally posted by threaded
http://www.bbc.co.uk/history/state/n...arien_01.shtmlBehold the warranty -- the bold print giveth and the fine print taketh away.Comment
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What made you search so far back?The court heard Darren Upton had written a letter to Judge Sally Cahill QC saying he wasn’t “a typical inmate of prison”.
But the judge said: “That simply demonstrates your arrogance continues. You are typical. Inmates of prison are people who are dishonest. You are a thoroughly dishonestly man motivated by your own selfish greed.”Comment
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