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Thursday, February 28, 2013

Brits May Have to Work 10 Years beyond the grave. Thanks to China.

commentary by Roger Erickson

Chinese Exporters Directly Responsible for UK Geriatic Debtors Prison

Warren Mosler comments: "Stupid taken to new heights. Retirement is about no longer producing real goods and services and instead living off of the real output of others, incuding China's exports to you."

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Hmmm. How long until they have to work past death?

Better hire a physicist or game theory expert to precisely calculate that nonsense.

And will that debtors prison term be extended too? Even Morticial Security isn't sacred? "No exiting the coffin 'til your fiat balances."

Buddhists may come back and revolt!  Still don't believe in the Zombie Bancopalypse?


2 comments:

  1. I'm a Yank and my game plan is to work myself to death which may sound like a stiff undertaking, but I can't afford to retire. Problem is I'm out of work which is a tough job for an old man.

    ReplyDelete
  2. You'll never get rich in the afterlife working before the grave. :)

    ReplyDelete