Thursday, September 24, 2015

Musical chairs played before default allowed. First, they have to make sure poor people are left out.

Many people are looking forward to a default on debt where the billionaires lose tons of money. Ha. Don't hold your breath. They are just moving and shaking to the music until there is no chair left for pensioners and unemployed. Have you heard of the carbon bubble?  That's where fossil fuel companies are counting carbon deposits as reserves when they are actually not marketable. It's $trillions. As soon as the right patsies are holding the debt, the billionaires will allow default.

Guardian: "Millions of social workers, teaching assistants and other council employees have over £3,000 each in coal, oil and gas investments as part of their pension pots - assets that are at risk of falling in value as the world tackles climate change."

No comments: