When Can We Start Breaking Things?

[Sarmatian]

That's an excellent question and fortunately I don't have any experience with that.

What I know for sure is that "too big to fail" should not exist as it is a national security risk. But, if it does, it must not fail.

Edit: Why are we back to the bail out? So confused.

Most states guarantee for personal savings up to a certain point, depending usually on the strength of the economy. Even in Serbia the state guarantees for personal savings up to measly 5000 euros.

Real estates and investments are not covered usually - which means that if you as individual make a bad investment, you lose everything, usually to the big business. If big business makes a bad investment it gets bailed out with your money.

I mentioned that as a response to PJ's "lower and middle class have only themselves to blame for why they aren't the upper class". It's not that simple and quite frankly, it shows that the system is biased.

[Vladimir]

I mentioned that as a response to PJ's "lower and middle class have only themselves to blame for why they aren't the upper class". It's not that simple and quite frankly, it shows that the system is biased.

Well, he's not entirely wrong. It is quite easy to become rich in this country; however, the pursuit of wealth may become an end in itself at the expense of everything else. It's all about choices.

[Idaho]

What a surprise. A society based on accumulating wealth ends up being a society that favours a self serving wealthy clique and disregarding those whose motives do not stem from avarice.

[Major Robert Dump]

Avarice? She is a great musician and the voice of our generation, but I am not sure what she has to do with the conversation

[Idaho]

She's going to bring about a new America through a series of cutting edge MTV stings.

[Vladimir]

What a surprise. A society based on accumulating wealth ends up being a society that favours a self serving wealthy clique and disregarding those whose motives do not stem from avarice.

Yes, and a society based on buggery and poor dental hygiene can rule the seas.

[Major Robert Dump]

Yes, and a society based on buggery and poor dental hygiene can rule the seas.

Pakistan does not really have so great a navy, bra

[SoFarSoGood]

I am certainly not in favour of 'cliques'/'large businesses interests' or semi- monopolies, whichever you chose to call the global business companies and hedge funds and all the rest. Any feeding an monopoly is NOT good for the market: The banks should have been allowed to go the wall after Lehmans and there should be no such thing as 'too big to go broke'. Real people and real growth is NOT 'corporate' but small businesses that put food on the average table. But all small businesses today are potential giants tomorrow who may be public companies and listed.

Ok stock holders at the initial launch pay the premium that carries the company forward for more investment etc (fb investors at the start) but if you and lots of others buy the shares the company value goes up. In the end this results in them have a greater total value and they can invest more.

It's no different essentially with futures on grain and rice. Long term the producers profit from a high price.

[Vladimir]

Pakistan does not really have so great a navy, bra

You say that but I'll laugh when Strike has to wear a hijab.

[Tellos Athenaios]

You say that but I'll laugh when Strike has to wear a hijab.

It'll be immensely funny, until you realise they're after you next. Your avatar will need to change: the outfit will have to go, you will down your last dikke pint, kiss your last ferme griet goodbye and finally have to settle for dried flowers...