Isn't a problem that the USA (and to a lesser extent the UK) has is that if you want to increase household savings that you need to reduce inequality ? There being many millions who cannot increase t… (View Post)

Irrespective of how much financial damage to individual people there's also what I would term financial scarring. By this imagine if your financial assets fell by $20k for a couple of years and then … (View Post)

On a different issue have you ever read Eastern Approaches by Fitzroy Maclean: https://en.wikipedia.org/wiki/Eastern_Approaches Its very interesting about 1930s Samarkand and Bokhara. (View Post)

You think the poor are starving ? Obesity is highest among the poor. Grotty takeaways abound in deprived areas. Talk to a school dinner lady about how much free food is given to the poor and you'll b… (View Post)

I disagree. There is far too much emphasis on 'protecting the poor' at the expense of the average person. Its often said that the only two certainties in life are death and taxes. Well they're wrong,… (View Post)