Wisdom & Knowledge

Angstrom

Hall of Fame Member
May 8, 2011
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You speak a lot of truth there. For many years I was against food banks because I thought they took the pressure off people to scrape and scramble a little harder. I've since softened my opinion as times are changing. A lot of people today, I think are just not raised with "the tools" to fend for themselves. We still have to face the fact that each year the demand on the food banks increases and it won't be many years before those drawing from the food bank will exceed the number of contributors. Then what are we going to do?

That's a very important skill we have lost. I can't say we are better off..

As to what we going to do?

We already know. It's called to big to fail. Print more money and bailouts.

We hold the world hostage. Because if we fall, everyone falls. That's the too big to fail model we have atm.

China is working really hard right now to change that.

Once China isn't dependent on us anymore, they will lose the monetary advantage they now have over us. Small businesses will start popping up all over America again at that point.
 

JLM

Hall of Fame Member
Nov 27, 2008
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Vernon, B.C.
That's a very important skill we have lost. I can't say we are better off..

As to what we going to do?

We already know. It's called do big to fail. Print more money.

And bailouts.

We hold the world hostage. Because if we fall, everyone falls. That's the too big to fail model we have atm.

China is working really hard right now to change that.
Printed money is only as good as the trust people have in us who are dealing with that "money":)
 

Angstrom

Hall of Fame Member
May 8, 2011
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Printed money is only as good as the trust people have in us who are dealing with that "money":)

That's why I call it to big to fail. China is hostage to it because it can't let us fail, because that would mean that they collapse with us.

So they have no choice to keep lending
 

JLM

Hall of Fame Member
Nov 27, 2008
75,301
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Vernon, B.C.
Rather than say correctly, and I know that perhaps means keeping to the sunny side, we might say effectively and allow for it's dark utility which we must admit exists in equal part with the light utility.


Your eruditity knows no bounds!
 

darkbeaver

the universe is electric
Jan 26, 2006
41,035
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RR1 Distopia 666 Discordia
Your eruditity knows no bounds!

I'll look that up, and verify your intension.
 

Sal

Hall of Fame Member
Sep 29, 2007
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48
I know some people whom I believe are wise. A few are highly educated and a couple never made it out of high school. Both have knowledge of the world in different ways but both camps have arrived at various truths usually the hard way.

For me the people who exhibit wisdom understand human nature. They listen more and judge hardly at all. They are slow to conclude since situations are fluid.

Every person who I have ever thought of as wise has been kind, and warm, and humble one feels at ease with them and supported and they radiate that energy even when you barely know them. Still they do not support dysfunction in others. When they speak it will be true to how they see it. They will couch it in kindness but they are honest. And they always seem to have time for who ever needs them.

I was fortunate enough to have wise parents.
 

MHz

Time Out
Mar 16, 2007
41,030
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Red Deer AB
We don't even have the wisdom to know that burying our mistakes is a sure way to never get past them and move onto more civilized behavior that believes man is greater the higher their collective number is.