Bankruptcy exposes the economic vulnerability and insecurity of middle class women.
Elizabeth WarrenRead
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Bankruptcy exposes the economic vulnerability and insecurity of middle class women.
When your little child tells a lie, do not rush at him as though the world were about to go into bankruptcy. Be honest with him. A tyrant father will have liars for his children; do you know that? A lie is born of tyranny upon the one hand and weakness upon the other, and when you rush at a poor little boy with a club in your hand, of course he lies.
The twentieth century was the bankruptcy of the social utopia; the twenty-first will be that of the technological one.
Most women file for bankruptcy in the aftermath of a serious medical problem, a job loss, or a family break up. It is hard to protect against those.
Bankruptcy is about financial death and financial rebirth. Bankruptcy is the great American story rewritten. We're a nation of debtors.
Even if the government spends itself into bankruptcy and the economy still does not recover, Keynesians can always say that it would have worked if only the government had spent more.
Capitalism without failure is like religion without sin. Bankruptcies and losses concentrate the mind on prudent behavior.
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