‘Debt crisis like fat people blaming bakers’
November 15, 2011
Gene Simmons, Kiss legend and business lecturer
11/11/2011
Gene Simmons is best known as the tongue-wagging frontman of rock band Kiss — but he is also a very successful businessman.
The multi-millionaire rock god, who admitted in The Sun last month that he has slept with 4,800 women, is a partner in an estate-planning firm.
He’s also a partner in Ortsbo, the world’s best-selling international language translator.
Last night Gene told London Business School students how to build a billion-dollar brand.
Here, he reveals his plan to give the economy the kiss of life.
And now… the rest of the story. …..
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Harold
Hey There A4cgr,
Interesting Thoughts, No Profile Comment
Great Job!
In America: governments, businesses, individuals are now buried under a mountain of debt. A mountain of debt that will never be repaid.
Who will borrow when they can’t make the payments on the debt that they have already? The math alone calls for a system reset, a debt jubilee.
Investors are already losing… in a rigged monetary casino that rewards usury, speculation, and currency manipulation while looting main street.
There is a moral principle that debts should be honored. That is, debts between businesses that buy and sell real products, not bundled ponzi schemes, debts between individuals, between friends and businesses that know each other to be rational and moral, debts based on investments where there is a rational expectation of return.
There is also a moral principle that unjust debts should be cancelled, and usury legislated against. Debts that are ‘odious’, debts based on fraud, debts to dictators, debts arranged by oligarchs without the consent of the general population (the 99 percent who have been left out of the equation), debts based upon compound interest upon compound interest, that should have been written off long ago, the debts need to be cancelled in a general jubilee. Think outside the box. It’s time for a jubilee.