Retirement Community

Debt restructuring is the new currency devaluation in the euro zone! As the Greek example has shown, this doesn't mean rescheduling the debt or reducing the principal on the debt, or in any other way making the debt more manageable: it means servicing the debt in ways that business likes, by pushing developed nations into a "developing" model of rapid growth through popular impoverishment.

-J.R. "ladypoverty" Boyd

What I find especially curious is the notion that wealthy societies should, or need to, experience "rapid growth." I mean, whatever happened to enjoying a long, comfortable middle age before eventually losing your mind and shuffling off to senesence and death?