Posted on 01/12/2008 1:09:11 PM PST by K-oneTexas
There are two definitions of bankruptcy: (1) an excess of liabilities over assets, and (2) the inability to pay your obligations as they come due.
I’ve seen organizations and individuals limp on for a long time in the first situation but the second definition is the killer.
Sort of like the difference in a benign and a malignant tumor.
I’ve often pondered this about the “boomers” - (and not to disparage a much maligned generation, btw) that their sheer size has caused society some serious dislocations along the way. Why would retirement and the “golden years” be any different? Of course the goofy element(s) will posit that theres’ is the first generation ever to get old and die (right now I expect they are in the “bargaining” stage, hence the health-kick meme which goes something like “I’ll quit smoking, drinking, and eat nothing but organicly grown spirulina, and live forever) and so it’s gonna be a rough ride for us younger folks who have to listen to all this nonsense for the next 20 years or so.
I agree that it will not be fun listening to them spout their new wisdom about the benefits of eating right, even if som of it is correct. It’s not the message as much as how the message is conveyed that is the annoyance.
bttt
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