True or False ?

[EternalOptimist]

This is not a Greek crisis or a Euro crisis or even a US crisis (although it all starts there).

Anyone with an average IQ could understand this problem.

The household bugetary model is based on the aspiration for constant or infinite growth yet with little chance of that actually happeneing. This concept really needs to to sink in. FINITE income. Therefore as household wealth grows, you have kids and you reach the break-even. Then household borrows to sustain the aspiration in the vain hope that "new income growth" will get them out of the hole. Of course it never does, so you borrow. Borrowing increases and we are on the downward slope.

We are running out of everything and fast.
This of course leads to only one outcome.

You go broke and the bailiffs come around.

If you now understand the capitalist model you will realise that the first symptom of spending what you dont have is precisely what is happening now.

Financial collapse.

[AlfredJPruffock]

This is not a Greek crisis or a Euro crisis or even a US crisis (although it all starts there).

Anyone with an average IQ could understand this problem.

The household bugetary model is based on the aspiration for constant or infinite growth yet with little chance of that actually happeneing. This concept really needs to to sink in. FINITE income. Therefore as household wealth grows, you have kids and you reach the break-even. Then household borrows to sustain the aspiration in the vain hope that "new income growth" will get them out of the hole. Of course it never does, so you borrow. Borrowing increases and we are on the downward slope.

We are running out of everything and fast.
This of course leads to only one outcome.

You go broke and the bailiffs come around.

If you now understand the capitalist model you will realise that the first symptom of spending what you dont have is precisely what is happening now.

Financial collapse.

Now I understand EO .... In other Words ...

There's a crack up in the ceiling

And the kitchen sink is leaking
Out of work and got no money
A Sunday jam of bread and honey

What are we living for? Two roomed apartment on the second floor?

No money comin' in,
the rent collector's knockin' trying to get in

Dead end! People live on dead end street

Financial collapse. - Yeah !!





[ Tab from: Kinks - ( Dead End Street tab ) ]

[EternalOptimist]

Now I understand EO .... In other Words ...

There's a crack up in the ceiling

And the kitchen sink is leaking
Out of work and got no money
A Sunday jam of bread and honey

What are we living for? Two roomed apartment on the second floor?

No money comin' in,
the rent collector's knockin' trying to get in

Dead end! People live on dead end street

Financial collapse. - Yeah !!





[ Tab from: Kinks - ( Dead End Street tab ) ]

resources are a problem down the road , this problem is spending what you dont have

the sooner the Germans join sterling and leave that crummy euro the better

[NotAllThere]

The trouble with the average IQ is that it's pretty darned stupid.