Debts are kept in place, reducing much of the population and nearly entire economies (in Iceland and Greece) to Debt
Peonage as the economy grinds to a halt.
Not exact matches
Insolvent homeowners in Europe face a lifetime of literal debt
peonage to make the banks (even foreign banks, which dominate Central Europe's post-Soviet economies) whole on their bad debts
as the continent's real estate prices are plunging even more steeply than those in the United States — some 70 percent in Iceland and Latvia.
They may be viewed
as an object lesson for a dystopian future of debt
peonage.
Their financial surrender policy endorses the European Central Bank's lobbying for the neoliberal deregulation that led to the real estate bubble and debt leveraging,
as if it were a success story rather than the road to national debt
peonage.
Q: How has the financial system evolved into the form of economic servitude that you call «debt
peonage,» negating democracy
as well
as free - market capitalism
as classically understood?
But what has most intrigued Europe's ruling class is its tax favoritism that has created a Bubble Economy (euphemized
as a Tiger Economy to make a debt - leveraged real estate bubble appear
as if it were a road to wealth rather than to debt
peonage).
It's a little too late for praying, it's Mrs.Clinton's call to be @ the helm; now, with her hubby Mr.Clinton
as VP; and one of you out of all of you, need to tell Romney he's committed fraud, for leaving the Post of so - called gov.that theirs a 2 yr.interval that must be met; the same fo Obama; whom is worst off then Bush Jr.then for none of you to have no Allegiance to be nothing but commander of thieves, since April 4th, 1968 to presently; in the killing of Dr.King Jr.must still go under Oath to all you perjurers; that mustn't go unpunished to the array of charges I have stored up against each of yo on every job, on every public premise; that Obama didn't praywhen he lied to GOD ALMIGHTY in perjury; to have left the seat of sen.to jump to the office; knowing he hadn't a clue what to do; so he got Joe, which is Cheney all over; whom should of been out of public; and he knows that and all the fugitives, even in the Italian led court in DC; that will have to answer to what is -LCB- H.R. 7152 -RCB-; and why they let Olsen for Bush Jr.waste the American's People's time, not to mention all the lives that's been lost; for the tyrannies since 1968 to presently has cost; Vote I, Edward Baltimore; to confirm I; Governor of DC;
as of 2/16/12; cause DC; has been a State, already; and all you slaves from State to State; need to snap out of your
peonage which is prohibited by Federal Laws; on anybody!!!!!!!