100 Words, 100 Days: Day 57. On Economics.

What I know about economics wouldn’t even fill the back of a very small postage stamp. I can’t tell the difference between hedge funds, trust funds, endowment mortgages and debenture schemes. The only thing I know about defaulting is when the time comes to lay the blame.

Default always lies at someone else’s door (if you pardon the pun). Someone with a bit more knowledge than I suggests that there’s a 98% certainty that Greece will not make its loan repayments within five years.

Default lies with those who gave it to them in the first place. Default was never theirs.

 

 

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6 responses to “100 Words, 100 Days: Day 57. On Economics.

  1. Trust me darling, not knowing about debentures, hedge funds and all the other shit is better than knowing about them…
    They are always full of shit, always difficult to follow and always someone’s else’s baby that you inevitably fuck up…

    *#*

  2. Economics is simple – don’t spend more than you make…unless of course you really got to have the car.

  3. Ah, yes. Default. Isn’t that a bit like debate? You know, debate that you put on dehook?

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