It wasn't silly banking practices, in all honesty.
This has happened before and it will happen again and it's not just about banks as such.
( mark morrisons prison shoes I love Willie, Tue 29 Nov 2011, 17:50, 1 reply, 14 years ago)

specifically, in this case, it was rather, though, wasn't it? It was about fucking up how bad debt was packaged
But in general, absolutely, I agree. but the cost of public sector pensions had nothing to do with it, and isn't a relevant way to get out of it. That was my point
( the mighty badger Aphrodite, on a bar stool, by your side, Tue 29 Nov 2011, 17:53, Reply)

No, the debt problem was the pin that burst the bubble this time.
If you have banks listed as private companies then this whole thing will happen all over again. That is a separate discussion though.

The pension problem has little to do with this however. The simple solution is to execute people once they reach retirement. This will also mean people spend more during their lives rather than save and will further stimulate the economy. IAM GENIUZ!
( mark morrisons prison shoes I love Willie, Tue 29 Nov 2011, 17:58, Reply)

Can't fail. Mumpsy for PRESIDENT OF THE WORLD.

( the mighty badger Aphrodite, on a bar stool, by your side, Tue 29 Nov 2011, 18:00, Reply)

Sadly it's the people closer to retirement age than thee and I that have the money and power Badger, so it will never happen.

( CQ Knows the truth, all of it., Tue 29 Nov 2011, 18:01, Reply)

Yes but we can throw things better than them and have all the guns.
REVOLUTION!
( mark morrisons prison shoes I love Willie, Tue 29 Nov 2011, 18:03, Reply)

I was saying this just the other day.

( CQ Knows the truth, all of it., Tue 29 Nov 2011, 18:00, Reply)

*narrows eyes*
A usurper. Guards! Take him to Kent.
( mark morrisons prison shoes I love Willie, Tue 29 Nov 2011, 18:02, Reply)