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100-200 billion euros that could be helping the homeless, feed the poor AND education, instead a bloated government wants to create a fat wallet
and the good old USA is gonna need same thing — except sooner rather than later (as that is about the total damage for both storms …. and we got remnants of both passing thru SW VA
the problem is, the problem is dealt with after it has happened, instead of limiting the effects in the first place.
I truly am impressed with how much money governments waste and societies demand for “cheap” at the cost of the future. We use to make cars that last, fridges and stoves that didn’t need replaced or fixed after a couple years …but now we want cheap houses at the cost of them being easily damaged in the future.
How much would be added to the US GDP if all houses were fitted with hurricane proof windows? Problem then becomes, over enough time when people don’t need new windows to replace the ones that stand up during a disaster, jobs are lost.
breaking windows stimulates the economy
[quote=”Assistanc3″ post=1434]100-200 billion euros that could be helping the homeless, feed the poor AND education, instead a bloated government wants to create a fat wallet[/quote]
The government largess knows no bounds – can’t have those banks lose 1 penny or franc or Deutschemark or drachma – the Euro they are saving at all cost.
[quote=”CautiousInvestor” post=1435]and the good old USA is gonna need same thing — except sooner rather than later (as that is about the total damage for both storms …. and we got remnants of both passing thru SW VA[/quote]
Yes and somehow the equity markets are oblivious or perhaps they just simply shrug and say more printing – yay
Always in bailout mode never addressing the underlying cause and effect – what’s the German word for band aid?
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