CultureCitizen
Silver Member
- Jun 1, 2013
- 1,932
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Imagine tha as an adult, once every 10 years you were entitled to receive 35,000 USD. But, if you have a debt every single penny of that money goes to pay your debt.
What would you do with the money?
Would you use it for education , vacations, to throw a series of wild parties, dinning in restaurants, having one more kid, buying assets or start your own business?
Furthermore, what effects would such a policy have on markets?
I'll be honest: this post is a bit related with a lot of topics: welfare, the bank bailouts, QE, income innequallity, creative job destruction, market confidence and recession.
What would you do with the money?
Would you use it for education , vacations, to throw a series of wild parties, dinning in restaurants, having one more kid, buying assets or start your own business?
Furthermore, what effects would such a policy have on markets?
I'll be honest: this post is a bit related with a lot of topics: welfare, the bank bailouts, QE, income innequallity, creative job destruction, market confidence and recession.