As a historian I am only too aware that during
times of economic crisis people, scared about their precarious situation, are happy to be given a scapegoat for their predicament.
Not exact matches
What's worse was that it was the
time of economic crisis, where
people with credible experience were losing jobs left and right.
«Blaming poor
people or migrants for hardships at the
time of economic crisis is not entirely unknown, but it is not intelligent politics in my view,» he told the Observer newspaper.
Sadly, some
people can't seem to put partisan instincts to one side — as this report commissioned by the Yes campaign just before Christmas showed - you may also like to read this blog from the very same author who, a year ago, wisely said: «At a
time of economic crisis, when
people are calling for clear leadership and direction, it would be foolish to abolish a [voting] system that carries out these functions.»
It's put
people out
of work; it's indicative that the
economic crisis is as serious as we'd fears; it's horrible for those
of us who can't stand the thought
of switching our radio listening
time allegiances; and yet — it's also curiously fascinating to those
of us who know book promotion opportunities are still to be had.
In these hard
economic times, too many Metro Vancouver, Fraser Valley, Lower Mainland
people, and British Columbians who lived free
of financial
crisis until now, find themselves facing the shame
of debt they can not repay after taking out too much easy credit just to live, pay for necessities such as housing, food, medicine, etc., a reflection
of our ever growing senior and minimum wage population funded with insufficient pensions and facing rising living costs without corresponding increase in earnings.
Experts attribute the 2008 sub-prime mortgage
crisis and the
economic reverberations
of the recession as the primary reasons why less
people are becoming first -
time buyers.
I believe that the biggest reason why we have suffered this
economic crisis is that millions
of people who have long had doubts about the Passive Investing concept were cowed into silence during the
time when Passive was all the rage.
We know about an investing strategy that beats Buy - and - Hold in 102 out
of 110
time - periods, an investing strategy that permits us to obtain far higher returns at dramatically less risk, an investing strategy that permits us all to retire years sooner and that would bring us out
of this
economic crisis if we could share it with millions
of middle - class investors (if
people could switch to an investment strategy that would put their retirement plans back on track, they would feel free to start spending again and businesses could start hiring again), and our first reaction is to come up with convoluted arguments as to why the best thing to do is to AVOID learning more about it and to AVOID getting the word out to the millions
of middle - class
people whose lives we have destroyed with our promotion
of Buy - and - Hold.
The recent
economic recession and financial
crisis have resulted in a record number
of foreclosures and
people aren't the only ones to suffer in
times like these.
Climate change is a moral
crisis because every
time governments
of wealthy nations fail to act, it sends a message that we in the global north are putting our immediate comfort and
economic security ahead
of the suffering and survival
of some
of the poorest and most vulnerable
people on Earth.