Skip to main content

View Diary: Peasants as far as I can see (169 comments)

Comment Preferences

  •  That is to clarify (0+ / 0-)

    1/10 might actually be not debt riddled. Most are so cross-collateralized who knows if they are worth more, they think so, but it's an illusion.

    Although peronally, from what I see the banks are the problem. Some companies I work at, if they lent like they aer supposed to, the top ppl would gladly hire, not cut hours, etc. But instead the banks are just on a Capital Strike. So when you get to those Debt filled individuals, I'd guess a lot aren't doing for the $ (I'm sure many are) they are doing to keep together what they have, and belief (that is hurting the smaller guys- because the smaller guys do tasks that make them money).

    The banks simply don't care.

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site