Excessive Systemic Debt: The Primary Cause of Our Current Crisis [View article]
Is the huge debt the symtom or the illness? Should we look at who have contributed to these debts? The consumers are among the contributors. What about those big shot executives who make big risky deals with lofty ideas, using other people's money to pave their careers, leaving for greener pastures with the first opportunity, and leaving behind mountains of debts and other problems for others to bear? What about those 9 to 5 employees who come to work to get their pay checks and have no real contribution?
There is a recent article in the Time magarzine that talks about the corrupted public school of DC, with lots of apparent problems of school principals who would not administer, teachers who would not take responsibility or who have no abiity to educate, students who would not study, - - - .
The debt is the result of not being accountable, not accountable to oneself.
Excessive Systemic Debt: The Primary Cause of Our Current Crisis [View article]
There is a recent article in the Time magarzine that talks about the corrupted public school of DC, with lots of apparent problems of school principals who would not administer, teachers who would not take responsibility or who have no abiity to educate, students who would not study, - - - .
The debt is the result of not being accountable, not accountable to oneself.