Tag Archives: assets

The Rowboat (Wages) and the Yacht (Assets)

The reason why the status quo has failed and is fragmenting is displayed in these three charts of wages, employment and assets: wage earners (labor) are in a rowboat trying to catch the yacht of those who own assets (capital). Here … Continue reading

Posted in General | Tagged , , , , | Leave a comment

When Assets (Such as Real Estate) Become Liabilities

Correspondent Joel M. submitted an article that struck me as a harbinger of the future: In Greece, Property Is Debt: “At law courts throughout Greece, people are lining up to file papers renouncing their inheritance. Not necessarily because some feckless … Continue reading

Posted in General | Tagged , , , , | 2 Comments

The Undebtors: Sworn Enemies of the Vampires of Debt

Those who refuse debt, regardless of the sacrifice, are starving the parasitic, exploitive machine; those with debt are feeding it. We hear a lot about debtors, and very little about undebtors. I define an undebtor as an individual or entity … Continue reading

Posted in General | Tagged , , , , | 7 Comments