Show threadJoseph Lim Nov 25, 2024
2/2
"It undermines #financialdiscipline.. Perhaps e most contentious issue is exclusion of borrowers who consistently met their repayment obligations. Tis #debt suspension #policy is for #delinquent #borrowers.. Responsible borrowers may feel overlooked & unfairly treated.. approach not only undermines #fairness but also weakens #publicconfidence in e system.. 🇹🇭government must pair these relief measures w #financialliteracy progs & structural #reforms tt address root causes of #overindebtedness"
Joseph Lim Oct 30, 2024
#MustShare #spinechilling
Why Does EU Want to Become More Like US?
"competitiveness? More local prod'n, better #qualityoflife, more competition? No, its the opposite.. #healthcare an eg tt #USA outcompetes #EU, measured by #productivity & #profit (!) Ursula, Draghi & capital solutions r coming: lower #wages, a more #flexible #workforce (preferably machine), more #privateequity, more #privatization, more #assetprice #bubbles, & more #overindebtedness for the bottom 90%" 😯🇪🇺
https://www.nakedcapitalism.com/2024/10/why-does-the-eu-want-to-become-more-like-the-us.html
Why Does the EU Want to Become More Like the US?  | naked capitalism

Bloc elite aim to double down on anti-labor, pro-market policies under the guise of becoming more “competitive” and “productive” in order to compete with China.

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