Comments on: Its xmas - borrow 3000 euros! http://www.blacklooks.org/2005/12/its_xmas_-_borrow_3000_euros.html black looks Mon, 08 Sep 2008 04:24:41 +0000 http://wordpress.org/?v=2.2.2 By: Seun Osewa http://www.blacklooks.org/2005/12/its_xmas_-_borrow_3000_euros.html#comment-1180 Seun Osewa Thu, 29 Dec 2005 05:42:26 +0000 http://www.blacklooks.org/2005/12/its_xmas_-_borrow_3000_euros.html#comment-1180 In a highly advanced society, everyone is in debt. The consumers are in debt, the corporation is in debt, the government is in debt. The debt is what forces people to get off their asses in the morning and go to work. In a highly advanced society, everyone is in debt. The consumers are in debt, the corporation is in debt, the government is in debt. The debt is what forces people to get off their asses in the morning and go to work.

]]> By: owukori http://www.blacklooks.org/2005/12/its_xmas_-_borrow_3000_euros.html#comment-1179 owukori Thu, 15 Dec 2005 19:06:25 +0000 http://www.blacklooks.org/2005/12/its_xmas_-_borrow_3000_euros.html#comment-1179 Well I am not sure. This is my third xmas in Spain but the first in a city. When I lived outside a small village there was very little visible xmas festivities and no comercialism - xmas was simply about families getting together etc. Here in the city it seems to be very different. However I do know that the Spainish are very heavy borrowers probably because Spain is in the middle of an economic boom and people feel relatively affluent compared to say 5,10 years ago. My Spanish friends tell me that it is very easy to get credit including mortgages even for foreigners - though the costs are quite high. Well I am not sure. This is my third xmas in Spain but the first in a city. When I lived outside a small village there was very little visible xmas festivities and no comercialism - xmas was simply about families getting together etc.

Here in the city it seems to be very different. However I do know that the Spainish are very heavy borrowers probably because Spain is in the middle of an economic boom and people feel relatively affluent compared to say 5,10 years ago. My Spanish friends tell me that it is very easy to get credit including mortgages even for foreigners - though the costs are quite high.

]]> By: JKE http://www.blacklooks.org/2005/12/its_xmas_-_borrow_3000_euros.html#comment-1178 JKE Thu, 15 Dec 2005 18:57:50 +0000 http://www.blacklooks.org/2005/12/its_xmas_-_borrow_3000_euros.html#comment-1178 But I take it that such an advertisment is especially possible in countries like Spain where the festivities have a higher value than in the rest of europe. That is, ppl there are much more willing to borrow 3k,- in order to celebrate xmas. Or? But I take it that such an advertisment is especially possible in countries like Spain where the festivities have a higher value than in the rest of europe. That is, ppl there are much more willing to borrow 3k,- in order to celebrate xmas. Or?

]]> By: owukori http://www.blacklooks.org/2005/12/its_xmas_-_borrow_3000_euros.html#comment-1177 owukori Thu, 15 Dec 2005 17:38:00 +0000 http://www.blacklooks.org/2005/12/its_xmas_-_borrow_3000_euros.html#comment-1177 Well thats fine if you are happy to spend on their behalf and become one of the millions across the world who are in debt to the tune of thousands - The employment to debt ratio is weighted to their interest not yours. Who benefits from borrowing 3000 euros? So by employing me that gives you the right to exploit my labour by paying me a pittance in return for your profit. Allows you access to my resources at such a low price that your profits are out of all proportion and I am still living in poverty, pollute my land, overfish my waters... the list goes on. Well thats fine if you are happy to spend on their behalf and become one of the millions across the world who are in debt to the tune of thousands - The employment to debt ratio is weighted to their interest not yours. Who benefits from borrowing 3000 euros? So by employing me that gives you the right to exploit my labour by paying me a pittance in return for your profit. Allows you access to my resources at such a low price that your profits are out of all proportion and I am still living in poverty, pollute my land, overfish my waters… the list goes on.

]]> By: Seun Osewa http://www.blacklooks.org/2005/12/its_xmas_-_borrow_3000_euros.html#comment-1176 Seun Osewa Thu, 15 Dec 2005 12:51:37 +0000 http://www.blacklooks.org/2005/12/its_xmas_-_borrow_3000_euros.html#comment-1176 The multinationals racking up "windfall profits" are responsible for the creation of thousands of jobs. If they weren't racking up profits, the people working for them probably won't be able to earn a living to support their families. So I don't think we ought to demonize them. The multinationals racking up “windfall profits” are responsible for the creation of thousands of jobs. If they weren’t racking up profits, the people working for them probably won’t be able to earn a living to support their families. So I don’t think we ought to demonize them.

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